RE: FW: questions on refunds

From: Betty Kroniser (bkroniser@ppc.edu)
Date: Mon Nov 11 2002 - 16:16:21 EST

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    Point Park College does not transfer financial aid onto the student's AR
    account until after the Add/Drop (100%) period. After that period is over
    is when we start issuing and mailing refund checks to students.

    Betty Kroniser
    Director Student Accounts
    Point Park College
    Pittsburgh PA

    -----Original Message-----
    From: Ginny Layton [mailto:laytonvh@muohio.edu]
    Sent: Monday, November 11, 2002 3:20 PM
    To: bursar-l@virginia.edu
    Subject: Re: FW: questions on refunds

    We refund students by mail or direct deposit (at the student's option) no
    later than the first day of the term. I am revisiting that policy -
    financial aid likes it, but we get 'stuck' for those who withdraw within
    the first five days of the term at 100%, refund check in hand.

    My recommendation is to wait to refund at least until after the 100% refund
    period ends.

    Ginny

    At 11:18 AM 11/11/2002 -0500, Griffiths, Jane wrote:

    > >
    > >
    > > We are in the process of looking at disbursing our refunds(financial
    > aid and/or credit changes) through a process of Wire Transferring the
    > funds to Higher One (electronic banking). The students will activate
    > their student ID card and select how they want to receive the funds from
    > them. In the past we allowed students to pick the refund checks up at
    > our Cashier's Office daily after the third day of class.
    > > I am interested in any experience schools would have with a similar
    > process and/or mailing the checks. Also any policies you have to secure
    > the process so funds are given to registered, attending students. For
    > example taking attendance, etc.
    > > If anyone is interested in the responses, I will tabulate and share on
    > the list serve.
    > >
    > > Thanks,
    > > Jane Griffiths
    > > Bursar
    > > griffithsj@uwstout.edu
    > > UW-STOUT
    > > 715-232-2349
    > > Fax 715-232-2307
    > >

    Ginny Layton
    Bursar
    Miami University
    Office: 513-529-8702
    Fax: 513-529-8788



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