Rules: Account Credit Balances and Refunds

Rules: Account Credit Balances and Refunds

Resolving Eligible Credit Balances

The college’s rules would be to solve qualified credit balances in pupil reports since quickly as you can – in conformity along with relevant laws and also by termination} of the word when the credit stability is created – by issuing refunds into the student. Please see the rest with this rules document for further details.

Students can figure out the total amount in the or her pupil account by logging directly into scholar solutions Online (SSOL).

Definitions

A credit stability outcome once the complete associated with the credits posted up to a pupil’s account ( e.g., re payments, loan disbursements, scholarships, etc.) surpasses the sum total of this costs used or relevant to your account fully for a particular term or semester.

A credit stability qualified to receive a reimbursement is certainly one where most of the relevant costs and credits are published to your account along with his or her eligibility for such funds happens to be evaluated and verified or modified according to present eligibility, enrollment or just about any other relevant circumstances.

Anticipated funds, like expected aid that is financial aren’t considered credits to a pupil’s account before the funds have been disbursed into the account.

Records of people on a re Payment Arrange aren’t qualified to receive a reimbursement unless the re repayment Arrange was completed and compensated in complete, and re repayments meet or exceed the charges that are applicable.

Account Balances, Returns and Re Repayments

In some cases, in case a reimbursement was released and afterwards a stability is done within the student’s account, it’s the student’s obligation to come back the funds to your college or spend the total amount relative to the University’s payment and re repayments policies, like any relevant penalties and belated costs. Continue Reading →