Re: Refunds

Hi, Maria

At Daytona Beach Community College, we do cash refunds weekly for all
students who have dropped or who have paid and then had financial aid
posted. The aid must be an actual award (not pending) and must be
posted to the student's account.

Our first batch of financial aid refunds is not run until after the
add/drop registration period ends, but, after that they are run weekly
also.

Amy Iverson, Bursar
Daytona Beach Community College
iversoa@dbcc.edu
386-506-3240
386-506-4443 FAX

>>> "Maria Frey" <MFrey@northampton.edu> 09/22/05 10:54AM >>>
Hi all:

Question regarding your practice for issuing refunds to students who
have made cash payment and are subsequently awarded financial aid.

Do you issue an immediate refund when aid is pending (not yet
received/disbursed), or do you wait until aid is disbursed and then
issue with financial aid refunds? We do the latter.

Also, for students who pay and then drop classes, do you refund
immediately or wait until after drop/add or some other deadline to
refund. We have been waiting until after drop add (1st week of class)
to process refunds unless the student requests the refund.

Your replies are so much appreciated.

Maria

Maria T. Frey
Bursar

Northampton Community College
3835 Green Pond Road
Bethlehem, PA 18020
610-861-5597 voice
610-861-5551 fax
mfrey@northampton.edu

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Received on Thu Sep 22 15:28:53 2005