2018-2019 College Catalog

Online Catalog

Disbursement Procedures

Most credit students awarded financial aid will have their financial aid disbursed directly to their tuition and fees bill by approximately one week after census.  Any financial aid funds over and above tuition, fees, and bookstore charges will be refunded.  All registered students will be contacted to select a preferred refund option.  The options are direct deposit to the banking institution of choice or deposit to BankMobile Vibe checking account.  Refer to the refund section for more information.  Federal Direct Stafford Loan and Federal PLUS Loan funds are applied directly to the student account. 

Any Federal Direct PLUS Loans over and above tuition and fees, and bookstore charges are refunded to the parent or student depending on the parent’s refund preference as indicated on their loan application. Loan disbursements are received by Electronic Fund Transfer (EFT) and do not require an additional signature/endorsement. The student/parent will be notified in writing that the loan funds have been credited the student account and that the borrower can cancel the loan in writing within 14 day of the notifications.

Loan disbursements received by check require the borrower’s endorsement at the cashier’s office.

Students participating in the work-study program will be paid semi-monthly based on the number of hours worked.