Disbursement of Financial Aid Process
A bookstore credit will be available for use in the College's bookstore if you have pre-registered, have financial aid in excess of the tuition and fees posted to your account and do not have a previous balance. To receive this bookstore credit, you must authorize us to do so in your COAST account (see instructions below). The bookstore credit will be available at least four to five business days before the semester begins and will expire at the close of business the day after drop/add.
Once full attendance verification is complete, your financial aid will be disbursed to your account (minus any bookstore charges). If this disbursement creates a credit balance on your student account, then the Bursar’s office will review the account to determine if you are eligible for a refund. This will be determined based on factors such as your enrollment status and the amount of prior balances on your account. If you are eligible to receive this credit balance, it will be refunded.
Important Action Items:
- If you would like access to a bookstore credit, you must authorize it in your COAST account. Select Financial Aid in COAST, then Student Authorizations. Read and submit your response for each authorization. The Federal Funds Authorization applies to your bookstore credit.
- Confirm that your address and contact information is up to date in COAST. Checks will be mailed to the address on file in Banner.
- Register for classes and check your financial aid status in COAST. You can view your authorized financial aid in COAST, under Student Records, then Student Account, and Account Detail for Term. Any balance due must be paid in full by the first day of classes each semester.
|Hours Needed For Disbursement to Occur|
|Pell Grant & Teach Scholarships||Federal Grants are Prorated based on the number of hours of enrollment. For example, half the amount is disbursed if a student is only enrolled half-time (6 credit hours).|
|Stafford and PLUS Loans||Student must be enrolled in at least six (6) credit hours.|