RE: Financial Aid Refunds

From: Dennis, Raymond (RDennis@lmu.edu)
Date: Wed Jan 22 2003 - 18:31:23 EST

  • Next message: Deb Brondsema: "Re: Financial Aid Refunds"

    We feed at the end of the Add/ Drop first week of School. This coincides
    with the 100% WD/LOA date.

    Ray Dennis
    Loyola Marymount University

    -----Original Message-----
    From: Cindy Shelton [mailto:sheltonck@appstate.edu]
    Sent: Wednesday, January 22, 2003 1:44 PM
    To: bursar-l@virginia.edu
    Subject: Financial Aid Refunds

    Hello Fellow Bursars and Student Accounts Directors!

    I hope you all are surviving the beginning of the spring term rush. I'm
    having a little problem at my institution and would like to know if any
    of you have the same issue. Currently, our Financial Aid Office feeds
    any and all types of aid to students' accounts 10 days before the term
    begins. We then have refunds available to students on Registration day,
    which is two days before classes start. Recently, this has caused big
    problems because students are dropping/adding hours, aid is being taken
    away, meal options are being added for off-campus students, etc. during
    the first week and a half of classes. Even worse, we are having
    students pick up refund checks and then withdraw.

    How many of you do what I described above and how many of you wait until
    after the drop/add period to make refunds available? I would like to
    change our refund policy but will need input from other institutions
    before my administration will make a decision.

    Thanks, in advance, for your responses!
    Cindy Shelton
    Director of Student Accounts
    Appalachian State University
    (4 year public)
    Boone, NC
    828-262-6420



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