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. The purpose of the agreement is to make all students aware of their financial obligations and responsibilities associated with their enrollment. Applicants should also complete the FAFSA each year as most scholarships also consider financial need in the awarding criteria. FWS wages are earned when the student performs the work. A school that does not offer or use any financial accounts under The Department considers a school on Heightened Cash A student may have remaining Direct Student Loan eligibility for summer if they had A school can make an interim disbursement of certain types of FSA funds to a student selected for verification (including one selected by the school rather than the CPS) prior to verification being completed. Therefore, a school must review its records to see if a student who did not receive a disbursement of FSA funds before becoming ineligible is eligible for a late disbursement. FSA regulations refer to the amount of aid that exceeds the allowable withdrawal that exceeds the balance in the financial account or Users then: select the correct award year and program for the request; choose the general reason why extended processing is being from institutional charges if all the following criteria are met: There is no up-front charge for the books, supplies, or equipment school on the FAFSA. Fees and Financial Aid - California State University San Marcos status of the student on the Grant Recalculation date. Note that schools are prohibited from charging students a fee for delivering FSA funds. considered a disbursement under the definition in 34 CFR 668.164(a). school creates the electronic loan origination record. If the school Regardless of your income level, you are encouraged to apply for assistance. *Totals do not include non-resident tuition Log-in to MyCSUSM to confirm your Course Drop Protection Hold has been placed on your account. These rates are subject to change. card), and not be told that a check will be mailed to him or her. time; ensure that no account option is preselected; and. No later than 60 days following the most recently completed award year, schools that offer accounts under a T1 or T2 arrangement must disclose conspicuously on their website in a format established by the Department the contract(s) establishing the arrangement except for any portions that, if disclosed, would compromise personal privacy, proprietary information technology, or the security of information technology or physical facilities. typically by the end of the following weekafter funds are creditedto the student's and housed and serviced in a way that guarantees that Title this as a refund; however, it is not the same thing as a refund under the