Policy on Disbursements

Financial Aid Awards

When course attendance is confirmed each term, school funding is disbursed to your student’s account. The student may qualify for a financial aid disbursement check if the student’s aid is greater than the total tuition, fees, and bookstore charges for the term.

Bookstore Advance

Pupils qualify for the Bookstore Advance as much as $2,500 before the start of term, if their aid that is financial exceeds costs for tuition and charges. The Bookstore Advance enables students to shop for publications and materials ahead of the start of the term during the Campus Bookstore. The Bookstore Advance is determined by subtracting tuition and charges from the quantity of authorized help up to and including optimum Bookstore Advance of $2,500.

Students may purchase one laptop computer making use of the Bookstore Advance throughout their time at Piedmont Tech.

Disbursements

Once a student’s educational funding is used in their account, in the event that number of the student’s educational funding surpasses tuition, charges, bookstore fees, as well as other institutional costs on the pupil account, the pupil is eligible to a disbursement check. Pupils will have to plan ahead for any other costs such as for example lease, transport and son or daughter care before the aid that is financial disbursement dates.

Funds and Scholarships are paid within one disbursement. Begin to see the times noted on the web site when you look at the Student Handbook and Calendar as well as on the pupil calendar.

Pupil Advantages:

  • Provides funds for publications and materials before the beginning of the term.
  • Assists with budgeting and preparation for the term that is entire.
  • Increases pupil success.
  • Decreases the quantity of education loan defaults.
  • Means aid that is financial according to actual enrollment.
  • Meets federal aid that is financial requirements.
  • Saves university resources to hold tuition low.

Disbursement Advance

A disbursement advance is a cash loan against an anticipated aid that is financial and it is meant to assist students meet their short term economic requirements. Disbursement advance demands can be obtained and then students receiving enough school funding to produce a credit stability after tuition and charges are paid. The most refund advance is $1,000 per semester, not to ever exceed the credit stability.

To be able to request a disbursement advance you have to:

  1. Complete all aid that is http://www.speedyloan.net/reviews/cashland financial and now have a pending credit stability placed on your bank account by thirty days ahead of the start of classes. Because of processing time, pupils will need to have all educational funding requirements, including loan requests, submitted 45 days ahead of the beginning of classes.
  2. Sign up into the continuing business Office 1 month before the beginning of classes. Application can be found in path.
  3. Join at half time that is least (6 credit hours) for the upcoming semester by thirty day period before the beginning of classes.
  4. Be meeting Satisfactory Academic Progress. Pupils that have an approved appeal qualify for a disbursement advance.

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