converted into, credit cards; the school takes affirmative steps, by way of contractual not include a Social Security number, in whole or in part; a password, PIN code, or other shared secret provided by the However, when a student has withdrawn from school and is not planning to return, FWS funds may not be used to pay for work performed after the student withdrew. https://csusm.academicworks.com/, In addition to our CSUSM General Scholarship Application, students may also apply for external scholarships offered by other community members. Display the monetary consideration and the mean and median A school may not suggest or require/coerce that all students or all students in a specific group (e.g., students in a final payment period of a program) allow the school to hold a Title IV credit balance for unanticipated expenses that do not currently appear on students accounts. Historically, there have been instances where schools themselves have provided student ID cards which, in addition to allowing access to controlled buildings, permitting the use of labs and equipment, providing library privileges, etc., are used to hold funds for student use. Last Day to accept your Direct Loans for Summer 2023. Santa Ana College Financial Aid Office JSC-201. Self-Help Aid includes student loans and work-study; these must be repaid or earned. machine (ATM) network that has ATMs sufficient in number When a payment period is in two award years (that is, when it begins before July 1 and ends on or after July 1), the student is paid for compensation earned through June 30 with FWS funds allocated for the first award year and for compensation earned beginning July 1 with FWS funds allocated for the following award year. Title IV funds are provided to a student to pay current charges for the payment period or period of enrollment, not those that might accrue later at some undefined time. debit cards only). Note that Direct Loan funds credited to a students account must pay for The institution may also report the debt to a credit bureau, offset the amount due against any future state tax refunds due the student, refer the debt to an outside collection agency, and/or charge the student actual and reasonable collection costs, including reasonable attorney fees if litigation is necessary, in collecting any amount not paid when due. A cancellation or modification is not retroactiveit takes effect on the date that the school receives it from the student or parent. Applications submitted after March 2, may not be considered for all institutional and state aid. This includes an institution that uses a third-party servicer to make those payments. financial institution associated with the third-party If a student or parent cancels an authorization to hold excess Title IV funds, the funds must be paid directly to the student or parent as soon as possible but no later than 14 days after the school receives the notice. The CSUSM General Scholarship Application serves as one application for the various scholarship opportunities administered by CSUSM. *Totals do not include non-resident tuition, **Total does not include non-resident tuition or Graduate Professional Fee. Acknowledgment, use the date labeled transaction process date in the Before a school awards funds to a student, it confirms that the student is an eligible student and is making satisfactory academic progress (see Volume 1). The final amount will be based on the number of students eligible for the MCS statewide and the funding allocated by the State Budget. than 14 days after the first day of class, and you must notify a student of a loan It is important to define the date of disbursement because several regulatory The school is permitted to retain any interest earned on the students Title IV credit balance funds. You have the right to withhold agreement from all or part of this authorization. If the award year has changed and the school has not already carried forward the maximum 10% allowable, the school may carry the funds forward to the current year and award them to another eligible student. account for allowable charges at your school or by paying the student or If the student does not pick up the check within this 21-day The email will include your financial aid payment amount and the date of disbursement. When T1 and T2 accounts are opened through outreach to a schools For state-supported non-standard terms or courses of less than four (4) weeks, no refunds of tuition and mandatory fees, including nonresident tuition will be made unless a student cancels registration or drops all classes, in accordance with the Universitys established procedures and deadlines, prior to the first day of instruction for state-supported non-standard terms or courses or prior to the first meeting for courses of less than four (4) weeks. The costs of education and other services a school provides a student are associated with the year for which the education and services are provided. *If a student is enrolled in a single semester and it is their final semester (a graduating senior), their Direct Loans will be prorated based on the total units enrolled and remaining eligibility. If All documents must be submitted within 10 days of their request to ensure timely awarding. Schools are required to notify the Department of all third-party servicer contractsincluding those in which a servicer participates in any way in establishing or maintaining accounts that Title IV credit balances are deposited in. payment methods must credit a students ledger account for the amount manner; ensure that initiating direct payments by EFT to students existing purchase elsewhere; charges to a students account for group health insurance fees information about the format schools should use in making the . the total charges over the two-year period to determine the amount to develop a process to periodically check for returned Title IV credit Fall 2022: First disbursement date is August 18. School administrators sometimes refer to Companies that contract with schools to provide these types of services in most instances become third-party servicers. In the event a student withdraws from a course prior to the Financial Aid Freeze Date, the award will be recalculated and the student may owe a repayment. credit balance; processing documents for direct payment to students; and Changes in mandatory systemwide tuition will be made in accordance with the requirements of the Working Families Student Fee Transparency and Accountability Act (Sections 66028 through 66028.6 of the CaliforniaEducation Code). Confirmation includes, but is not limited to, the following: for Direct Loans, the student is enrolled at least half time and has a For example, some schools prepare billing In addition, the following enrollment situations do not count as enrolled units and are not counted for a financial aid disbursement purposes: Prior to each disbursement, the system will verify the number of units you are currently enrolled in and disburse aid accordingly. Check processing begins 15 days prior to the Disbursement Date. are now offering services that include the following: obtaining a students authorization to perform electronic transfers; transferring Title IV funds electronically to a students bank 1 If your school simply makes a memo entry for billing purposes or credits a students longer enrolled and there are no pending Title IV disbursements at the A school may pay the student after the last day of attendance for FWS wages earned while he or she was still in school. If a school delivers FSA funds to students by crediting funds to a school-issued debit or stored-value or prepaid debit cards, the school may not charge students a fee for making withdrawals of FSA funds from that card. For other programs, the institution must divide the number of credit or clock hours in the payment period by the number of hours in the program and multiply the result by the total institutional charges for the program. payment method). A combination of those schools set forth in clauses (i) to (iv), inclusive. Current financial aid recipients who are enrolled in summer courses Student Financial Services can be reached at: sfs@csusm.edu 760-750-4490 Sample Summer Fee Amounts To avoid having to contact students multiple times, a school may use All elements of an authorization to hold an FSA credit balance must be conspicuous. from any other Title IV program in a payment period, the current Be sure to enter your banking other late disbursement requirements are met). For FWS program funds, a school is required to return only the federal portion of the payroll disbursement. A requirement to pay students How will I receive a student refund if I paid with a credit card? from dropping their classes prior to posted deadlines. Amounts vary based on the students enrollment status and the calculated eligibility from the FAFSA. The university President may use consultation mechanisms if he/she determines that a referendum is not the best mechanism to achieve appropriate and meaningful consultation, and referendum is not required by the Education Code or Student Success Fee Policy. amount in whole dollars, and a comma after the thousands place (e.g. ATMs, A list of area financial institutions recommended generally to Regulations governing the refund of tuition, including nonresident tuition and mandatory Students will also receive a refund of tuition and mandatory fees, including nonresident tuition, under the following circumstances: Students who are not entitled to a refund as described above may petition the University for a refund demonstrating exceptional circumstances and the chief financial officer of the university or designee may authorize a refund if they determine that the fees and tuition were not earned by the University. Examples of circumstances that are neither T1 nor T2 arrangements school with written notice of the change within a reasonable August 25 after the students have started classes, so it has 14 days after August 25 to pay the at an ATM in a state that belongs to the surcharge-free for the student with a processed date after he or she ceased to be eligible. For purposes of the refund policy, mandatory fees are defined as campus-specific Any remaining aid aid award covering your tuition and fees. at any time, and that a cancellation is not retroactive. show you are qualified to obtain a college education by: havinga high school diploma or recognized equivalent such as a General Education Development (GED) certificate; completing a high school education in a homeschool setting approved under state law (or, if state law does notrequire a homeschooled student to obtain a completion credential, completing a high school education in a homeschool setting that qualifies as an exemption from compulsory attendance requirements under state law), Complete the California Dream Act application online at. or the school on behalf of or together with the third-party Hanna, We recommend that you set up e-Refund to avoid disbursement delays. For example, aid was awarded for 12 units, but a student was enrolled for 9 units and at Census. period, the aid officer credits her account with $2,500: $1,700 in Pell and $800 in Direct Loan funds. The latter three are also known as the Freely Associated States. All contracts for the marketing or offering of accounts Section 472 of the HEA defines cost of attendance as the tuition and fees normally assessed a student carrying the academic workload required of all students in the same course of study. ensure that students who do not make an affirmative award years are exempt from certain requirements as described later in The Fee Appeal Committee, after receipt of appeals from the Cashiers Office or another office on campus to which the Cashiers Office may refer the person, will review all pertinent information provided by the person and available to the university and will advise the person of its conclusions. You must meet all eligibility requirements for your aid to pay. The Middle Class Scholarship (MCS) can be awarded to undergraduate students and students pursuing a teaching credential. fees that are required to be paid in order to enroll in state-supported academic programs account and does not identify it as an FSA credit (for example, an estimated Federal procedures and deadlines by which the student or parent must A student may decline to participate (opt out) in the way a school provides for obtaining books and supplies. educationally related charges. See 34 CFR 668.165(a)(6). Before a student selects the way he or she will receive direct payments from a school, the school is prohibited from sharing any personally identifiable information (PII) about a student with a third-party servicer or financial institution except: a unique student identifier generated by the school that does days after the student became ineligible. The generation of ACH Direct Deposits and the mailing of checks are completed weekly, was adopted, or entered guardianship, from foster care; iv.) The additional $850 in Pell money amounts to A school that includes the costs of books and supplies in the tuition charged and provides all of those materials to the student at the start of his or her classes meets the requirements of these regulations. of the 2nd session. for the FSA grant programs, the student is no longer enrolled their credit balances prohibits schools from obtaining student/parent does not by itself exceed the amount of allowable charges ($1,500). In 2015 the Department published regulations supporting the CARD Act protections and identified two types of agreements between schools and financial service providers: Tier 1 and Tier 2 arrangements. to her account, composed of $1,000 in FSEOG, $500 in private scholarship funds, and $500 in under the contract. 5500 University Parkway A school is permitted to hold Title IV credit balances if it obtains a voluntary authorization from the student (or parent, in the case of PLUS). eRefundis the fastest and most secure method to receive any refund from CSUSM. Post Master of Science in Nursing Certificate, High School Courses for University Credit, Veteran Eligible Degrees and Professional Courses. purpose; and is not shared with any other affiliate or entity except for See 34 CFR 668.165(b)(2)(i) and (b)(5)(iii). The Department considers this requirement to be met if: a school documents that it conducts reasonable due one contact to: counsel borrowers about their loan repayment obligations; obtain permission to credit loan funds to students accounts to Note: User fees are subject to change pending approval in accordance with university procedures. A school must ensure that it obtains a students consent to open an account under a T1 arrangement, before an access device, or a representation of an access device, is sent to the student. If a student uses the method provided by the school to obtain or purchase books and supplies, the student is considered to have authorized the use of FSA funds, and the school does not need to obtain a written authorization for this purpose. A student body association fee must be established upon a favorable vote of two-thirds of the students voting in an election held for this purpose (Education Code, Section 89300). features and fees associated with financial accounts under T1 though the Department encourages schools that fall below the the loan or grant, cancel it, or do both, provided that the school receives A school may not reduce or eliminate a students eligibility for a Title IV credit balance by front-loading or apportioning institutional charges that the school cannot document are attributable to that payment period. times the school or its third-party servicer makes direct payments Financial Aid Grant Disbursement Dates 2021-2022. For programs with substantially equal payment periods where the institution charges up-front for the whole program, total institutional charges, including applicable books, supplies or equipment charges, must be divided by the number of payment periods in the program. servicer. With written authorization from a student, a school may hold, on July 28, 2023. communicated directly to students by an entity contracted or Payment plans are available. to CSUSM students. this as a refund; however, it is not the same thing as a refund under the or five units if a graduate student. a debt to the university. if the school obtains affirmative confirmation, no earlier than Upon signing up foreRefund, it will continue to be active until you cancel. For purposes of financial aid, enrollment KTC posts the charges for the entire If a person believes they do not owe all or part of an asserted unpaid obligation, that person may contact the Cashiers Office in Student Financial Services to submit a University Fee Appeal. To ensure the applicable deadlines are met, we encourage schools A school cannot use current Title IV funds to cover more than $200 in prior-year charges, even with a student or parent authorization. the information is transmitted to the students loan servicer and results in a reduction of the outstanding to students allow the school to end the arrangement school on the FAFSA. Section 68121 A qualifying undergraduate student (until attaining the age of 30) who is the surviving dependent of any individual killed in the September 11, 2001, terrorist attacks on the World Trade Center in New York City, the Pentagon building in Washington, D.C., or the crash of United Airlines Flight 93 in southwestern Pennsylvania, if the student meets the financial need requirements set forth in Government Code Section 69432.7 for the Cal Grant A Program and either the surviving dependent or the individual killed in the attacks was a resident of California on September 11, 2001. When a school disburses FSA funds to a student by crediting a students account, it may do so only for allowable charges associated with the current payment period (except for the allowances for prior year, late, or retroactive disbursements discussed elsewhere in this chapter). Remaining Pell Grant eligibility These estimated amounts are NOT FSA disbursements. in a timely manner. The enrollment status of the student at the time that funds are prepared for disbursement within 14 days of being notified funds have been applied to your student account, or. kind of account or how it may be opened (i.e., not direct marketing typically by the end of the following weekafter funds are creditedto the student's For an FSEOG, the school must have made the award to the student prior to the date he or she became ineligible. Learn more about Summer Session. For a second or subsequent disbursement, students successfully completed the If the bookstore is on campus or in any off-campus building or property the school owns or controls, the school must include the bookstore among the locations for which it reports campus crime and safety information. Schools that participate in federal student aid programs must provide a way for you to obtain your books and supplies by the seventh day of the term if. to and requiring the endorsement of the student or parent. funds for other than institutional charges (if not previously to be used for that purpose. during the award year, the T1 requirements cease when the student is no schools refund policy or a post-withdrawal disbursement given to a The restrictions for such an authorization are the same Use this disbursement schedule to check for the disbursement dates of the award funds shown on your Award Letter or on your WebAdvisor/Student Self Services. Disbursement Information Disbursement Schedules: 2022-2023 Disbursement Schedule Financial Aid Refunds: Financial aid funds in excess of your tuition fee or other university charges will be mailed to you in the form of a check unless you enroll in Eagle Express Direct Deposit. Starting in January 2014, most people over the age of 18 will be required to have public or private health insurance according to the federal law, The Patient Protection and Affordable Care Act. based on complaints from students or a determination Unless otherwise specified, a student or parent may authorize a school to carry out the allowable activities for a specific period of time such as an academic year or for the entire period the student is continuously enrolled, including multiple academic years. disbursement, any grant or loan funds the students are due as a Both the FAFSA and the Dream Act application can be filed as early as October 1. notwithstanding any authorization obtained by the school, pay See Volume 5 for the rules about offering and paying a post-withdrawal disbursement. elapsed, this is not counted as an FSA loan disbursement until the 30th day A school must notify a student of the amount of funds the student and his or her parent can expect to receive from each FSA program, including FWS, and how and when those funds will be disbursed. parties directly below the monetary consideration. the student. and housed and serviced in a way that guarantees that Title In this case the school needs to obtain a copy of the earlier SAR/ISIR to See the to the student (unless this is prohibited by the terms of a reimbursement disbursements are called late disbursements., A student must be considered for a late disbursement (and the parent for a parent PLUS Loan disbursement) if the Department processed a SAR/ISIR with an official EFC before the student became ineligible. to the student. How do I contact your office? email when students reduce their enrollment and this reduction will result in a balance at the school for the award year. In some cases, those schools also allow students to have their Title IV credit balances placed on those school-issued stored-value cards. These rules apply to the Pell Grant, Teacher Education Assistance for College and Higher Education (TEACH) Grant, Iraq and Afghanistan Service Grant, Federal Supplemental Educational Opportunity (FSEOG) Grant, and Direct Loan programs. The Financial Aid Offer is based on full-time enrollment (12 units for undergraduate and teaching credential students). Cost: $5,000 Title IV funds: Pell = $3,400, Subsidized DL = $1,600. Fri. Class Schedule Available - Summer 2023. Your school may use any type of payroll period it chooses, provided students are paid at least monthly. under the T1 arrangement are not consistent with or Notices Student and parent authorizations Credit FWS wages to a students account to pay any Repayment begins approximately 60 days after disbursement; however there is an option to defer payments while the student meets certain enrollment criteria. authorized overdraft, so long as no fee is charged to the A student or parent may cancel or modify an authorization at any time. student or parent of his or her to cancel all or a part of a loan. The Grant Recalculation date is the day after add/drop Financial Aid is applied to the student account based on the enrollment at the time Hold an FSA credit balance (see the discussion later in this If you withdraw your authorization, the University will deliver any remaining credit balance to you within 14 days after receipt of your cancellation. Because FSA funds are awarded to pay current year charges, regardless of any authorization from the student or parent, you must pay: any remaining balance on FSA loan funds by the end of the disbursing or delivering FSA funds. A school may credit a students account with a late disbursement of FSA funds without the students permission for current tuition, fees, and room and board provided by the school (includes up to $200 in prior year charges for tuition, fees and contracted room and board). Moreover, a charge does not have to The Student Financial Responsibility Agreement outlines the financial responsibilities and obligations associated with attending CSUSM. years: an average of 500 or more of its students had a Title IV credit into the financial accounts of those students; and, opening the financial account or initially an FSA disbursement until the 10th day before the first day of classes (the provides books and supplies. (These rules apply to the FWS program as well.). be prorated based on the date of withdrawal and the length of the academic period A school must be able to and services the institution provides within that period of time. which repayment from the account is triggered upon delivery of Refunds related to changes in your enrollment (withdrawal, cancellation, changing a Title IV credit balance. Grant Recalculation Dates For students enrolled in the standard semester - 16 week semesters - the Grant Recalculation Date is the day after the Add/Drop period ends. federal payments and as such must be deposited into an account at a contract or other legal agreement with it, under which the student is The students mandatory systemwide tuition and fees waived pursuant to this subdivision shall not have in excess of the equivalent of six years of full-time attendance in an undergraduate program. Unlike with post-withdrawal disbursements below, there are no specific requirements for how schools offer this choice. An authorization must explain what FSA funds are covered by the document, and it must specify the time period covered by the authorization. as, or converted into credit cards; no credit is extended or associated with the financial account, The FSA regulations requirements, Enrollment Requirements & Grant Recalculation Date, Satisfactory Academic Progress (SAP) Policy, Special Circumstances and Petition for Independent Status, Scholarship Review Committee (Faculty and Staff Only). offers a student the ability to opt out of the way a school last payment period in the award year for which they were Therefore, if a student borrower or parent PLUS loan borrower dies after the school has received the loan funds but before the loan is disbursed, the school must return the entire disbursement to the Department. If you paid your balance with a credit card, your refund would be returned to the See Question 10 in the March 5, 2019, electronic announcement. Schools must ensure that students who choose to participate in The Federal Pell Grant is dependent on enrollment status and eligibility. The school gets written authorization from students who opt Have attended a California high school for 3 years or more. If a bank delays issuing a stored-value or prepaid debit card to the student because it must resolve conflicting identity data under federal law, the Department will not hold the institution accountable as long as the institution exercises Instructional FAQs How can I make a payment? provide: (1) a general notification to parent Direct PLUS borrowers and there is no financial institution or third-party involved in marketing If the school does NOT obtain affirmative confirmation from the student, within 30 days of the date the school notifies the To receive the award, students must first be enrolled. to the Department; and. The Department considers that Title IV funds are disbursed on the date that schools (a) credit those funds in their general ledger or any subledger to a students account or (b) pay those funds to a student or parent directly. Log-in to MyCSUSM to confirm your Course Drop Protection Hold has been placed on your account. endorsement of the parent; or. Nonresident students who have a reduction in the number of units enrolled would have Drop a check or money order in the drop-box on the wall outside of Cougar Central. Financial aid for summer is available for students who were financial aid recipients This account may be a checking, savings, Once your funds have been disbursed to your account student financial's will issue refunds either by direct deposit or check. Student Authorization and Disbursement Federal and State governments offer financial aid funding to those students who qualify. student, and her total allowable charges for the fall term amount to $1,500. arrangements with its third-party servicer as necessary, to These donors recognize that scholarships help provide a financial pathway to a college education, and are passionate about helping students succeed. Receive Your Aid Of course, though a school must in such cases offer the disbursement, a student or parent is never required to accept it. of disbursement. or (3) return the funds to the appropriate Title IV program. Grant Census - Your grant aid may be reduced if you are no longer enrolled as a full-time student. All international students are required to have health insurance coverage. Financial Aid Application Timeline. Student aid awarded and accepted at least one week prior to Registration dates are posted to Student Accounts on the 2nd day of classes. (See the end of Chapter 1 for more on escheating.)
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