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Wednesday, September 29, 2010

FSEOG Grant

The FSEOG Grant for 2010-2011 has reached it's capacity, and unfortunately we cannot accept any more names to be added to the waiting list.

There will be additional funding beginning in 2011-2012, so please stay posted for information regarding these funds!

Wednesday, September 8, 2010

Fall 2010 Disbursements and Refunds

It is that time again!

The Fall semester is already in full swing and we are busy working on verification processing, loan processing, and generally trying to play catch up from the rush of Fall Registration.

I know that many of you will have questions about when your refund checks will be going out and what the amounts of these refunds will be. I will give you the best general knowledge that we have, but please bear in mind that every student is different, and your account may not be the same as another student.

The disbursement date was September 7th. This means that the financial aid funds were applied to student accounts yesterday. The process actually ran last night, and is continuing to run. It should be completed by this evening. **Only students who have a file complete date and have accepted awards on their award letter, will have funds transferred to their accounts.**

If your student loans have not been applied to your account, please verify that you have completed entrance loan counseling and a Master Promissory Note with Direct Loans. You can complete both of these at http://studentloans.gov

**If you have had loans in previous semesters and completed an MPN with a private lender, you will still need to complete a new MPN with Direct Loans.**

These funds have been applied to student account in the Business Office and they will now begin processing refunds. Once the funds reach a student's account, they have 10 business days to issue a refund. If you have Direct Deposit these funds will be sent directly to your bank when refund checks go out, if you do not have Direct Deposit, they will be mailed to your address on file.

I hope this answers your questions regarding the disbursement date and refunds, if not, please leave a comment and I will answer asap.

Thanks for reading!