Click me
Transcribed

Where is my student loan refund?

WHERE IS MY STUDENT LOAN REFUND? Your refund is made available after several important steps are completed. Here's how it works... Brought to you by CU STUDENT LOANS Apply for financial aid available with FAFSA Determine refund eligibility considering your Cost of Attendance Application 1 More info: http://bit.ly/costatt http://www.fafsa.ed.gov/ Cost of Attendance (COA) is Total of: %24 Misc. Tuition Room Board Books Transportation Misc. Expenses Always maximize financial aid eligibility first! Apply for additional student loans up to your Cost of Attendance minus any other financial aid awarded Most dependent Complete application and Credit Approval Process. Follow undergraduates would need a More info: with cosigner cosigner for a private student loan approval. Parent Plus loan is a federal loan available in the Parent's name only. O http://bit.ly/cuScholar up if necessary. School certification request sent to school: Confirms attendance and loan 4 eligibility. Lender sends money to school. Lenders send 6 $-m money either electronically or by paper check based on the school's preference. School processes all financial aid, including any loan disbursements to pay off billing statement. After account balance is paid any extra money left over is double checked for accuracy. This process is AKA Mismatch, done for refund eligibility protection purposes. A student is entitled to a refund only after the entire account balance is paid. This normally happens after all financial aid and Extra funding is sent to student via check, or ACH into an available checking account. student loans disburse to the school. funding 1234 567 8900 Keep expenses limited to reduce student loan debt, use student loan refund checks to cover necessities only. Many schools can have your refund electronically debited into your personal checking account if you supply necessary information. Any unecessary excess can be returned to the lender in the form of a pre- payment towards student loan debt.

Where is my student loan refund?

shared by frankzeye on Jan 17
434 views
0 shares
0 comments
Your student loan refund is made available after several important steps are completed. Here's how it works.

Source

Unknown. Add a source

Category

Education
Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy

For wordpress.com:

Click the code to copy
Customize size