From: Ann Sargent (ASargent@scu.edu)
Date: Wed Jun 26 2002 - 15:05:41 EDT
Santa Clara University does now allow students to charge text books directly to their student accounts. However, we do allow them to charge up to a dollar amount ($1,000 per term) to their student account and put a credit on their University Debit Card. With the credit on their Debit Card, they can purchase text books. The bill is paid when their financial aid clears their account, or Mom and/or Dad pay the bill. If a balance is due on their account after the bills are due, there is a hold placed that prevents registration, etc, etc.
Ann Sargent
asargent@scu.edu
Student Accounting Systems Manager
Santa Clara University
500 El Camino Real
Santa Clara CA 95053
408-551-7012
>>> Financial Information Systems <sfs-bur@cms.mail.virginia.edu> 06/26/2002 9:37:16 AM >>>
Date: Wed, 26 Jun 2002 12:06:26 -0400
From: "E: Pollitz, Carol A" <capollitz@vfcc.edu>
To: "'bursar-l@virginia.edu'" <bursar-l@virginia.edu>
Subject: Books charged to tuition accounts
Our Financial Aid Director has informed me that we are the only school (that
she knows of) that does not allow students to charge their books to their
tuition account.
If you don't allow students to charge books to their account, also please
respond why you do not allow books to be charged.
If you did at one time allow it and then discontinued the process, please
explain why you changed.
For those schools who currently issue vouchers, what dollar limit do you
use? What is the turn around time for the bookstore to get the charges to
you so that it can be put on the students account? Do you only issue a
voucher if the student will have a credit balance? What percentage of
students that you advance funds for end of withdrawing from school? How do
you collect the money if the financial aid package changes? Who takes
responsibility for the collection of funds if the package changes? How
early in the semester to you advance the funds?
If you would be willing to share your process I would appreciate it.
If I get enough responses, I'll post the responses to the list serve. Last
August the same questions were posted and 95 responses were received. I
hope to receive similar responses. Thanks for your help.
Carol Pollitz, CPA
Comptroller
Valley Forge Christian College
1401 Charlestown Road
Phoenixville, PA 19460
610-917-1420
capollitz@vfcc.edu
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