How is financial aid reflected on the billing statement?
Financial aid can be reflected on your billing statement in several ways. – Actual – aid which is complete and is actually applied to your account. This is the only form of aid that is eligible to be refunded. – Pending Financial Aid/Payments – aid which is pending or has incomplete or outstanding requirements with the Financial Aid Office. – Financial Aid is disbursed/applied during the terms that you are enrolled in classes or on coop. – Financial aid cannot be applied until all verification information is completed and received by the Financial Aid Office. – Work study is earned by working and will not appear as a credit on your student statement. A paycheck will be issued directly to the student for any hours worked.
