[Fwd: Survey on Refund Checks/Direct Depost to Students]

From: cathy foland (cfoland@siue.edu)
Date: Fri May 09 2003 - 17:25:54 EDT

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    Here are responses for Southern Illinois University Edwardsville:
    1. More than one week.
    2. No
    3. Between 10,000 and 20,000
    4. Between 10 and 25%
    5. Yes 

    --
Cathy Foland
Associate Bursar
Office of the Bursar
Southern Illinois University Edwardsville
Phone:  (618) 650-3131
Fax:  (618) 650-2971
Email:  cfoland@siue.edu

    attached mail follows:

    Does your accounting system have the ability to issue refund checks
    immediately, or are they done in batch?

    Can you also respond to the following short list of questions and note the
    option that best applies to your environment?

    Thanks for your participation!

    1. What is the typical length of time do you have from the time a student
    has financial aid applied to their student account before you issue a
    Refund check for the excess of financial aid over the amount owed?

        Immediately
        Next Day
        2 to 3 days
        More than one week
        Two weeks or more.

    2. Do you deposit the excess aid directly to a student's bank account?
        Yes
        No
           2A If yes, does the student or the University Staff input the bank
    account information to deposit directly?
        Student
        University Staff

           2B If your institution directly deposits, do you use one Bank that
    the student must have an account in order to directly deposit, or can they
    use their preferred bank?

        Bank Selected by Student
        Bank Selected by University for Students Individual Account (could be a
        pass-through account)

           2C How do you handle students that the bank declines to open a
    checking account because of the student's inadequate bank relations or
    poor credit history.

    3. What is the Headcount per Fall/Spring Semester for your institution?
        Less than 10,000
        Between 10,000 and 20,000
        Greater than 20,000

    4. What is the approximate percentage of your non-traditional student
    population?
        Less than 10%
        Between 10 and 25%
        Between 25 and 50%
        Greater than 50%

    5. Does your institution offer Masters or Terminal Degrees?
        Yes
        No

    Steven D. LaFever, C.P.A.
    Controller
    Wichita State University
    201 Jardine Hall
    Wichita, KS 67260-0038

    email address: Steve.LaFever@wichita.edu
    Phone (316) 978-3377
    Fax (316) 978-3738

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