If you are expecting to receive Pell Grant funds, scholarship funds, SEOG or student loan funds, the money will first be applied to any outstanding balances at UACCM automatically. After expenses, any remaing funds will refunded to you. Since there is a two week refund policy for tuition and books, we are unable to start processing any financial aid refunds until after the first two weeks of school. After that, reconciling all charges to each student account usually takes another week and cutting checks, and ordering funds an additional week. Refunds will be issued in this order: loans, Pell Grants, scholarships, SEOG and all others.
Targeted Processing Dates:
- Loans processed the fourth week of school
- Pell Grants the fifth week of school
- Remainder of aid the sixth week and later
These are only target dates. The financial aid staff works very hard to insure that everyone gets their funds as quickly as possible. |