For starters, if you are a Pell grant recipient and you came full time in Fall and Spring, you may be eligible to receive an additional Pell disbursement this summer.
The deadline to apply for a Summer only student loan is June 11. If you know that you are going to need a student loan for Summer 2010, make sure to get your request completed before this date.
Book vouchers for Summer 2010 start TODAY! If you have received additional awards after your tuition has been paid, you may be able to access these funds to purchase your textbooks. Simply login to your Campus Cruiser account, go to Web Advisor, and find the Book Voucher tab on the left hand column. Print this voucher out and bring it to any GTC Campus bookstore to purchase textbooks using your financial aid excess funds.
Also, remember to file your 2010-2011 FAFSA if you have not done so already! The priority deadline has already passed, but you are still encouraged to file your FAFSA if you plan on enrolling in Fall 2010.
As always, please leave a comment or a question regarding any financial aid information!
Posts
Do you have an idea when Fall award letters will go out?
ReplyDeleteCould you post the summer disbursement and refund check dates please! Thanks so much!
ReplyDeleteThe Fall 2010 award letters should begin to go out the last week in May 2010.
ReplyDeleteThank you for your comment!
The summer 2010 disbursement date is 6/7/10. Refund checks will go out 10 business days after that.
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If a student changes from an Associates program to a Diploma or Certificate program, will the FA award amounts (sub, unsub, lottery and Pell grant) change as well?
ReplyDeleteAre there any other loan programs avaible for students which will help them with housing?
ReplyDeleteWhat are the qualifications for a summer loan?
ReplyDeleteIf I have direct deposit when will the refund be deposited in my bank account
ReplyDeletefOR SUMMER DISBURSMENT WILL DIRECT DEPOSIT BE BEFORE 10 BUISNESS DAYS OR WILL IT ALSO TAKE THAT LONG?
ReplyDeleteIf I have direct deposit when will my summer refund go in the bank?
ReplyDeleteThe Pell Grant and Lottery awards based on the number of credit hours that you are taking. So, making this change, should not affect the amount of Pell and/or Lottery that you receive. However, you may run into an issue with the 150% rule, if you have taken over 150% of the number of credit hours it would take to graduate from your new program. Also, you can not be considered a grade level two student for student loans. this may prevent you from obtaining the maximum on student loans.
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There are private loan programs that could be sued to supplement the cost of housing. For more information please visit our website or contact our office at 864-250-8128 for more information.
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To qualify for a Summer 2010 loan, you must be SAP eligible (either Satisfactory or Probation) and you must be enrolled in at least 6 credit hours. To request a Summer 2010 loan, please visit our office.
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We receive loan funds on June 7th. our Business Office takes 10 business days to release refund checks, so the first checks and direct deposits should go out around June 18th.
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Any idea when the FA award letters for fall will be going out?
ReplyDeletei thought havin direct deposit u get it quicker. so would that be on the 18th.
ReplyDeleteAwards for the 2010-2011 Academic year have started to be awarded. Once your financial aid is awarded, you will receive a copy of your award letter via your Campus Cruiser e-mail account.
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Why does it take 10 days to release a check that I have been approved for for months?
ReplyDeleteHere is my situation: I am enrolled in 6hrs (2 courses) this summer. My FA Award is more than my fees so I am due a refund. I am struggling in one course and considering withdrawing from it pending the grade of our first test this week. My question is this, if I withdraw, will my financial aid loan award amount be changed since I will still be charged for the course anyway? My concern is that if I drop the course, my award will be changed since I will technically only be enrolled in 3 hours. I do not want to end up having to pay this summer's tuition out of pocket. Is it better to wait until the business office processes the payments/refunds for summer before I decide to withdraw?
ReplyDeleteWhen will our funds be posted to our account that show our tution, books and fees are paid and how much our refund will be?
ReplyDeleteI know from your earlier post that the first checks for summer will be sent out to us around the 18th, when will the second checks be sent?
ReplyDeleteAre the refunds being mailed out in two installments like last summer? It seems only half of my refund is posted right now on my account summary. Thanks.
ReplyDeleteWhat is the date for the second dispursement of the summer student loans?
ReplyDeleteI constantly have my finances deposited around 3 weeks after the loan company has disbursed it to Tech. Is it a requirement that we have the funds sent to tech first, or can we alert them that we want the funds from the loaner to come to us, then we pay Tech fees out of pocket. I am tired of constantly calling the business office and NEVER getting anyone to pu, leaving msgs, and NEVER getting a response. Please let me know, as this is a time consuming task to try and ensure I am getting my refund. Thank you.
ReplyDeleteThe second batch of refund checks were disbursed this past Friday. The money is being transferred to your account and the normal 10 business day refund period still applies. So your refund checks should be sent out next Friday on July 9th.
ReplyDeleteThank you for your comment!
The award letters for 2010-2011 are different than in previous years. You will NOT need to sign and return your award letter unless you want to make changes to the awards you have been given. If you want to accept all that you have been awarded, then simply verify the amounts you see on your award letter, and keep a copy for your records. Also, you will need to sign an authorization form for us to apply your financial aid to your tuition bill. We have mailed one of these forms with your award letter.
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Stafford loan are required to be certified and sent through your host school. There are additional certification and safeguard measures that we go through to verify that you are eligible for your loan funds before you actually receive them. Our Business Office does have up to 10 business days to send out refund checks once they receive the fund, which will explain the 3 week time frame after the disbursement date.
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Disbursement date for Fall 2010 awards?
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