Educational funding disbursement deals are recorded in your pupil account as credits, exactly like installment loans online a repayment. Any eligible unpaid costs (such as for instance enrollment charges) are compensated by the aid. Any aid that is remaining show as a credit stability. A reimbursement of one’s remaining educational funding is then created and sent to you, either by direct deposit, for those who have subscribed to direct deposit, or by check. Cal Poly will try to alert you – via e-mail – as soon as your reimbursement is on its method.
Review the School Funding Disbursement and Refund Process Flowchart.
View Account Activity During Your Portal
PLEASE BROWSE: school funding funds may be utilized to pay for qualified fees published when you look at the term the funds are now being disbursed in (autumn school funding will probably pay just eligible autumn costs, etc.). Which means that also you may still have a balance due from a previous term, or in a miscellaneous charge in your current term, that financial aid is not authorized to pay though you are receiving a financial aid refund. Please review your account for a daily basis and spend all remaining fees as soon as your school funding happens to be refunded. Continue reading “Exactly about Disbursement and Refund of Educational Funding Funds”