Step 5: Financial aid refunds. Financial Aid in excess of your bill will be refunded to you by direct deposit the first week of classes. * For the summer term, there are several start dates.Click here for more information on setting up your Direct Deposit account or contact the MT One Stop at 615-898-2111.ollow the instructions in the Financial Aid Eligibility section of your RaiderNet account to complete any outstanding loan requirements. You must apply for your loans and complete requirements by July 1 (November 1 for Spring term) for the funds to be available when your tuition is due.