Disbursement / Payment of Your Financial Aid
Applying Aid Toward Your Tuition and Fees Bill
Most aid (other than work-study)
actually awarded before your bill is due can be applied toward your bill
if you are eligible based on your registration status. Although aid applied
to the bill does not represent an actual payment, the College will usually
accept that aid as a voucher pending payment of that aid. You will owe later if the anticipated funds are not received
by the College. Follow Bursar's Office bill payment instructions and deadlines carefully.
If the aid you expect does not appear
on your bill, contact your financial aid counselor before the due date
and before paying anything yourself to see if anything can be applied.
Program adjustments and other changes
in your registration status can change your eligibility for aid applied
to your bill,aid
already received, and aid for the future. Check first with your financial aid counselor if you want
to be sure about the implications of a change you are considering.
If you decide to cancel your registration
for any reason, be sure to do it officially by following the deadlines and instructions
in the Schedule of Classes.
Any aid balance after your tuition
bill and other obligations to the College have been paid will be distributed
to you to assist you in meeting other educational expenses.
Eligibility and Eligibility Changes
Awards are initially made
based on financial need. Students must be accepted and enrolled at an
eligible status in order to receive their awards.
In addition, as you add and drop courses,
withdraw from courses, stop attending or otherwise change your status,
your aid may change based on changes in your eligibility. BE
CAREFUL! If you are not sure if your changes will affect your
aid, see a financial aid counselor for more information. This can
affect what is applied to your bill and other obligations, what you may
have to repay immediately, as well as eligibility for the future.
If you have any questions about your eligibility for aid, talk with a financial aid counselor so you will know how to plan.
Aid Remaining *After* Your Tuition and Fees Bill
Because of the
low tuition and fees at Queens College, many students have aid remaining
after payment
of the tuition and fees bill to assist them with related educational
expenses.
Tip for students receiving TAP:
Apply early so your TAP estimate can be applied toward your
bill. Due to the timing of the receipt of TAP payments from
NYS, refunds based on TAP payments can take time.
Any Pell grant,
SEOG, Direct Loan, Perkins Loan remaining after tuition and fees and other
liabilities to the College will be paid to you during the semester, and will be mailed to your
home address on the University's Financial Aid file. Direct
Deposit is available for most aid programs other than TAP; information and
request / authorization forms are available in the Bursar's Office.
For Early Filers who meet all eligibility and other programs requirements early:
Pell checks are usually disbursed in mid-November
and mid-April. Perkins Loan checks are disbursed mid-to-late November
and mid-to-late April. SEOG
awards are usually paid in mid-September and mid- February. SEEK
book money is paid at the start of the Fall and Spring semesters. Students approved for Direct Loans receive information from the Direct Loan Program about their check dates.
For these programs, students can sign up for direct deposit, and not have to wait for the mail.|
If you have not received your aid checks or have any questions
about your payment, contact your financial aid counselor immediately.
If you move, be sure to notify the Financial Aid Office and the
Registrar's Office immediately. Financial aid checks
have a limited life and must be deposited or cashed immediately. Checks
not cashed or deposited are not automatically reissued.
For 2007-2008 - Major Distribution Dates
*TENTATIVE
*
->For EARLY FILERS who also meet all eligibility and other programs requirements early <-
*** There are later pay dates, but don't just wait after the dates below, assuming your aid will come soon. Ask us to be sure, if you have any questions.***
Pell
Grants - 1 payment per semester
Early Filers
Fall: 10/31/2007
Spring: 04/04/2008 |
SEOG - 1 payment per
semester
Early Filers
Fall: 09/26/2007
Spring: 02/21/2008 |
SEEK
Books - 1 payment per semester
Early Filers
Fall: 08/29/2007
Spring: 01/30/2008 |
Perkins
Loans - 1
payment per semester
Early Filers
Fall: 11/14/2007
Spring: 04/09/2008 |
Peter Vallone Scholarships (aka NYC Merit Scholarships /NY City Council Scholarships)
Fall: 11/2007- TENTATIVE
Spring: 04/2008 - TENTATIVE
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Work-Study (FWS)Work-study
students are given timesheets, a separate
pay schedule and other payroll information at the time of placement in a
work-study position.
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Direct
Loans (DL) - *** early filers only ***
After your loan is approved, the William Ford Direct Loan Program will send you information about YOUR check dates. The following is provided as a guide.
First
time DL borrowers who are New Freshmen
Fall and Spring - first semester is Fall:
Fall payment - 09/26/2007
Spring payment - 2/21/2008
Spring only - first semester is Spring:
1st half - 2/27/2008
2nd half - 3/26/2008
One-semester-only
borrowers who ARE NOT New Freshmen:
2 payments for
the semester. Note that tuition deductions, emergency loans and book vouchers come
from the first payment:
Fall - only loan: 1st half 9/19/2007,
2nd half 10/31/2007
Spring - only loan: 1st
half 2/21/2008, 2nd half 3/26/2008
Other
Direct Loan borrowers:
1 payment
per semester:
Fall: 09/19/2007
Spring: 02/21/2008 |
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