From: by way of Lynn Davis
Date: Wed Oct 03 2001 - 13:28:26 EDT
How are people applying the 14-day refund of credit balances?
* Is it strictly when Title IV alone exceeds total allowable charges,
then a refund must be sent within 14 days of the funds being applied to the
student account
* If an account has a combination of Title IV funds and tuition
payments from the family & there is a credit balance do you have to send a
refund even if it may create a balance due the following semester
* Are the 14 days business days or calendar days
Susan
Susan Burns, Bursar
Saint Michael's College
SMC Box 2 - One Winooski Park
Colchester, VT 05439
(802) 654-2335
sburns@smcvt.edu
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