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FINANCIAL AID PAYMENT
Itawamba Community College students receiving grants, scholarships and loans may defer all fees (tuition, books and room/board) up to the total of all official awards until the awards are paid by the Business Office. No financial aid will be officially awarded until the student's application is completed and eligibility is determined and the student has met all admission requirements as determined by the Registrar.Summer 2008
Summer Financial aid refunds, including student loans, will be mailed to students on approximately July 18, 2008. Enrollment for Pell Grant for all summer terms will be checked on July 9, 2008. To receive a student loan for summer, a student must be enrolled in, and/or have completed at least 6 credit hours on July 16, 2008.
The following is a schedule of payment dates for official awards:
Payments Schedule - (2008-2009)
WITHDRAWAL/DROP OUT OF SCHOOL- If you withdraw from school before you complete 60 percent of the school term, you may owe a refund to the school.
Term Withdraw on or after Fall 2008 October 20, 2008 Spring 2009 March 24, 2009 We do not want you to withdraw, but if you must, withdraw after the above date if possible. Withdrawing from school can also affect your future financial aid eligibility.
The Financial Aid Office will collect all financial awards (grants, loans, work-study, institutional scholarships and all other scholarships) and credit all awards to the Business Office account. The Financial Aid Office will authorize the Business Office to pay the appropriate awards.
Loans - will be disbursed to your Business office account according to the following schedule. School charges will be withheld and any remaining funds will be mailed to you. Loans will be disbursed every Friday. REMINDER: You must be enrolled in at least 6 hours to receive loan funds.
MTAG, MESG, LEAP, and Scholarships-Your enrollment status will be checked as shown below. Dropping classes before this date may reduce the amount of your financial aid package. These amounts will be disbursed to your Business Office account. School charges will be withheld and any remaining refund will be mailed to you.
Term Enrollment Checked On or Before Refunds Mailed Approximately Fall 2008 September 22, 2008 - 4 p.m. September 26, 2008 Spring 2009 February 09, 2009 - 4 p.m. March 27, 2009 Pell Grant, SEOG- Your enrollment status will be checked as shown below. Dropping classes before this date may reduce the amount of your grant. These amounts will be disbursed to your Business Office account. Any refund will be mailed to you.
Term Enrollment Checked On Refunds Mailed Approximately Fall 2008 September 22, 2008 - 4 p.m. October 24, 2008 Spring 2009 February 09, 2009 - 4 p.m. March 27, 2009 WORK-STUDY EMPLOYEES PAY SCHEDULE
Date Pay Period Ends Date Checks Should Be Ready March 31, 2008 April 10, 2008 April 30, 2008 May 9, 2008 May 11, 2008 May 9, 2008 August 31, 2008 September 10, 2008 September 30, 2008 October 10, 2008 October 31, 2008 November 10, 2008 November 30, 2008 December 10, 2008 December 12, 2008 December 10, 2008 January 31, 2009 February 10, 2009 February 28, 2009 March 10, 2009 March 31, 2009 April 10, 2009 April 30, 2009 May 8, 2009 May 8, 2009 May 8, 2009