What is an “authorization”?
An authorization is a hold or freeze of funds against your credit cards available account balance. It is similar to when a bank places a hold on a check you want to cash. Once the authorization is released, the funds are then available to be used. If an authorization on your card should decline, Cellular Fantasy would require a deposit. Authorizations are automatically released when your credit card is charged at the end of your rental.
An authorization is a “hold” or “freeze” of funds against your credit card’s available account balance. It is similar to when a bank places a “hold” on a check you want to cash. Once the authorization is released, the funds are then available to be used. If an authorization on your card should be declined, Cellhire would require a deposit. Authorizations are automatically released three to five business days from the date they are taken.
An authorization gives you the ability to log in to VSAS and the amount of authorizations issued determine how many elective applications you can submit. If you were issued 10 authorizations you could apply for up to 10 electives. For example, you can apply to the same elective 10 times by choosing a different date each time. Or you can apply to 10 separate electives. If you use up all your authorizations VSAS will not allow you to submit additional applications. You would need to request further authorizations from your home school.
