Early Refund for Books and Supplies
In accordance with federal guidelines, students who meet certain criteria will receive a disbursement of financial aid funds to cover the cost of books and supplies not later than the seventh day of each quarter. The value of the early disbursement will be the lesser of $500 and the anticipated Title IV (Federal) Credit.
Not all students will qualify for this early refund. To be eligible for this early disbursement, a student must meet all of the following criteria:
- The student must be eligible for a Federal Pell Grant;
- Institutional file verification/file review must have been approved no later than 10 days prior to the start of the quarter; and
- The student’s Federal Aid (without consideration of any other assistance such as State and Institutional Grants and/or Scholarships) is greater than direct costs payable to the College (tuition and fees, plus housing costs for students who obtain housing through the College).
A student who qualifies for an early refund for books and supplies but does not want the funds disbursed may opt out of the disbursement by contacting the Student Accounts or Financial Aid Departments prior to the start of the quarter. If notification of the student’s decision to opt out of the early refund is not received by the start of the quarter, the funds may be disbursed.
Please contact the Student Accounts or Financial Aid Departments if you need additional information.
