What are the “Memo Items” and “Authorized Financial Aid” on my statement?
Memo Items and Authorized Financial Aid are items that are part of a student’s financial aid award, but the actual funds have not yet been posted to the student’s account. These items are displayed on the first two statements of each semester (July, August, December, and January) to assist in determining the actual balance due. It is assumed that all appropriate financial aid procedures have been followed, and students may check the status of their financial aid by using InsideND. Items that appear as Memo or Authorized Financial Aid will appear on a future statement and on the Student Account information in InsideND as a payment when the funds are received.
