Our school code is 004838. Financial aid is available to all Oakland University students. While enrolled at Central Piedmont, use MyCollege to view an interactive checklist to help you navigate the financial aid process. That depends why you received a refund check. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. When all of your financial aid requirements have been met, you will receive an Award Letter in the mail and also in the Financial Aid section of your MyFVTC Account. Refunds are not generated automatically for non-financial aid over payments. Your refund is the amount of money left over after all of your scholarships, grants, and federal and private student loans are applied toward tuition, fees and other direct educational expenses for the semester. Contact Us By: Email Live Chat Phone: 254-526-1508 . The infamous refund check, the check handed over to students after aid is applied to their account, leaves many saying “I can’t wait for school to start again so I’ll get a refund check and actually have some money.” Check refunds are processed once a week. As a recipient of financial aid, you must pay attention to the application process, deadlines, and policy. If students have established direct deposit the Cashier’s Office will issue funds directly to their bank accounts as soon as they are available. The award amounts indicated on your financial aid award letter are estimates based on full-time enrollment (12 credit hours or more for federal programs and 15 credit hours for Illinois Monetary Award Program grant) for the fall and spring semesters. To request a refund for payments made with cash or check fill out the Refund Request Form. In order to qualify for and retain a 100% of institutional scholarships, all single, dependent, full-time undergraduate students, who are under 22 years of age by the first day of classes, must live in a residence hall. The census date of a given semester is the last day to drop classes on the regular session. If you do not pay tuition and fees by the designated due dates, your registration will be cancelled. Refunds will either be mailed to you as a check or sent to your checking account if you have signed up for eDeposit. Refunds from New York State aid are typically not available until week 6-8 of classes due to the lengthy certification process. Students who pay their tuition and fees from non-financial aid sources such as checks, 529 plans, cash, etc. You can benefit from these funds, too — just apply! Be sure to include our school code (004838) so that we can create your award letter as soon as possible. Direct Deposit for Refunds. Please check the dates carefully because after these dates, it is considered a withdrawal. Timely refunds are dependent upon the receipt and processing of all documents required by University Scholarships and Financial Aid and upon enrollment in Direct Deposit. In that case, students should ensure their mailing address is up to date to guarantee that they receive the refund. If the overpayment is funded by a paper check or e-check payment there is a ten day encumbrance from the payment date before a refund can be generated. A refundable credit balance may result on your student account because of financial aid or loan payments, over-payments and/or account adjustments. For example, for the fall and spring terms, the census date is always the last day to drop with a refund for the 16-week classes. Refunds are made by direct deposit or by a check mailed to your home address to students who have financial aid funds in excess of their SMU charges. PLUS loan refunds are generally processed on Wednesdays. Designed for the world of entertainment and media, our approach is centered on real-world industry experience for your entertainment production degree. Paper financial aid refund checks will be mailed to the student's current address on file with the college or university. Student Refund Policy Types of Refunds. That said, this tool can be helpful in understanding your general financial outlook … Tuition and Fee Information. Your financial aid package should be completed before you need to register for courses or pay for tuition and fees. What Kind of Full Sail University Fin Aid Will You Qualify For? Awarding and Disbursement Information. Financial Aid Fraud Notice. The Office of Student Accounting will contact eligible students when a refund is available or a balance is due. But some online schools, including Ashford University and the University of Phoenix, issue refund checks instead of electronic refunds. Student refunds are not only triggered by financial aid activity. This notice provides a summary of student rights, responsibilities and preventative measures regarding financial aid fraud. Moving off campus will not affect your federal or state financial aid. The refund could come as a lump-sum direct deposit to your bank account, as cash or as a check. may be subject to a refund due to a change in classes or change in academic programs. FINANCIAL AID ADJUSTMENTS. If you have receive more aid than you need to cover your account balance, you get the remainder back in the form of a big, fat check (or bookstore vouchers ) … Checks cannot be picked up. My financial aid has not posted to my account yet. Federal Regulations That May Affect Your Financial Aid. Paper refund checks are often delayed, sometimes for as long as 21 days. Federal Financial Aid students will be liable for the full amount of all tuition and fees even if they never attended classes or for the difference of any prorated refund. When complete, you’ll be given an overview of your eligibility for multiple kinds of financial aid. Students may choose to leave those funds on their student account for future charges. Financial aid refunds are generally processed on Mondays, Tuesdays and Thursdays. Paper check refunds are issued at the end of each week and can take up to 10 days to be received. Be sure to also consider how dropping courses and/or withdrawing can affect your financial aid. Refunds caused by a Direct Parent Plus loan will be refunded to the parent borrower. Financial aid for full-term classes will be disbursed into student accounts during the week prior to the established disbursement date each semester. Calculating Refunds. Among the most likely options: * You (or your parents) paid some or all of the tuition up front, and your financial aid came in later, resulting in a refund. Refunds will not be given after the deadlines. Full Sail University offers associate, bachelor's, and master's degrees on campus and online. If you are eligible to receive a financial aid refund check, the financial aid refund check will be mailed to you one (1) week after the financial aid has been disbursed to your MATC student account. Otherwise, students will need to pick up the refund check at the Cashiers Office. The award letter will identify the types of financial aid and amounts based on full-time status, and will also include any scholarships, Veterans benefits and agency funding awards. For more information on your financial aid status contact the Office of Financial Assistance at 1-361-825-2338 option #4 or log on to SAIL. Financial aid refunds are often issued electronically as a direct deposit. Direct Deposit for Refunds. Most students won't pay the advertised price of a school. Credit card refunds … Financial aid Refund Balances will be sent by the method you choose at cvccchoice.afford.com. If a Change of Student Data Request form is needed, please submit to the Registrar's Office. In fact, more than 60 percent of OU students attend with the help of financial assistance totaling more than $100 million. Awarded aid is subject to change, for several reasons: Change in Enrollment Status. What is the status? Please indicate your choice below. At Full Sail University, 11,570 undergraduate students (68% of total 16,908 students) have received financial aid including grants, scholarships, and/or federal student loans. You must allow sufficient time for processing in the Bursar's Office before direct deposit of your refund to your designated bank account is possible. Students can receive their refund electronically by signing up for eRefunds through their myACCESS. Lab Fees, Student Activity Fees, CAPS Fees, Technology Fees, and Insurance A refund of financial aid does not begin until there is a credit balance on a student's account. What is the census date? The college calendar lists the last date you can drop for a full tuition refund for each term. Your enrollment will determine your actual financial aid disbursement. Overpayment refunds (non-financial aid) are generally processed on Tuesdays. The start of every new school year means a lot of students look forward to their financial aid disbursing – but for all the wrong reasons. But some kinds of aid are more desirable than others, and some students will get more than others. Any financial aid funds in excess of tuition charges and book costs, will be refunded to you in the form of a refund check. Check term and registration dates and tuition, fees, and payment information. Withdrawing from courses may decrease your enrollment status and the amount of aid applied to your account. 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