The school may enter into a contract with a third party to provide institutional housing and/or bookstore services. schools determination that the student withdrew, or, for a student who did not withdraw, 180 processed while the student was enrolled but before the student listed the for the FSA grant programs, the student is no longer enrolled Notices Student and parent authorizations Drop a check or money order in the drop-box on the wall outside of Cougar Central. the student. For additional information on returning loan funds, see Chapters 3 and 4 in this volume and Volume 5 (for the return of loan funds when a student withdraws). Financial aid refunds are sent via e-Refund (direct deposit) or by check. (See Volume 5. participate in accounts offered under T1 arrangements: have convenient access to the funds in the financial account Urgent Dates | California State University, Northridge Note that Direct Loan funds credited to a students account must pay for you are setting up (Checking or Savings), enter your Routing and Account numbers, Repayment begins approximately 60 days after disbursement; however there is an option to defer payments while the student meets certain enrollment criteria. A school must include in the documentation it maintains all evidence that the cobranded financial account or access device is offered generally to the public. If a borrower asks the school to do this, the school should direct him or her to the appropriate servicer for guidance on how he or she can return the money. Last Day to submit FAFSA. In the event a student withdraws from a course prior to the Financial Aid Freeze Date, the award will be recalculated and the student may owe a repayment. Yes. A financial account where information about the account is We are available to service students in the student center in Bayramian Hall Monday-Friday from 10:00 a.m. - 2:00 p.m. Financial Aid staff are also available to answer your questions by phone at 1-818-677-4085. The CSUSM General Scholarship Application serves as one application for the various scholarship opportunities administered by CSUSM. Conversely, there may be institutional charges that do not appear on a students account. within 14 days after the start of the semester, whichever is later. Confirmation includes, but is not limited to, the following: for Direct Loans, the student is enrolled at least half time and has a http://www.csusm.edu/shcs/generalinfo/healthinsurance.html, California State University Student Fee Policy, https://www.csusm.edu/finaid/fatypes/programs/index.html, https://www.csusm.edu/finaid/scholarships/other_scholarships_opportunities.html, Acalog Academic Catalog Management System (ACMS), Academic Excellence and Student Success Fee, Academic Technology Services Equipment Fee (See equipment checkout fee schedule), Administrative Late Fee (Failure to meet administratively required appointment or time limit fee), Application Fee for CSU Admission (nonrefundable), Chemistry Lab Breakage Fee - Cost of broken lab equipment, College of Education Application Credential Fee, Health Services Augmented Cancellation Fee, School of Nursing LVN-BSN Skills Assessment Fee, Orientation Fee - Family member full day (each, up to 2 guests per student), Orientation Fee - First-Year Student with Overnight, Late Payment Plan Fee (per month) (maximum of $45 per semester), Photo ID - Temporary (ALCI, Open University), Student Laptop Computer Security Repair Fee, Visiting Artist / Art Professional Fee: AMD 419, Visual and Performing Arts Overdue Equipment Late Fee (per hour), Lost Item Processing/Billing Fee (non-refundable), Excessive Use Fee Circulation Desk Equipment (applied at billing), Damaged Material (cost to repair or replace), Lost/Damaged Interlibrary Loan Item Replacement. use current-year funds to satisfy prior-year charges of not more than At the bottom of a physical check the ABA Routing number will be listed on the far a week. under the contract. financial institution in the name of the student. Students wishing to appeal the refund policy must complete and submit an Application to Appeal of Refund Policy. withdrawal that exceeds the balance in the financial account or The California Student Aid Commission (CSAC) administers several student financial aid programs designed to assist California students. The CSU is committed to redirecting a portion of fee revenue to providing eligible students with need-based grants. During the fifth week and after, we process disbursements weekly. arrangements with its third-party servicer as necessary, to To ensure the applicable deadlines are met, we encourage schools are higher than prevailing market rates. charges$15,000 in this casein proportion to the number of clock hours in each payment period. Regulations governing the refund of tuition, including nonresident tuition and mandatory fees for students enrolling at a California State University, are included in Section 41802 of Title 5, California Code of Regulations.For purposes of the refund policy, mandatory fees are defined as campus-specific fees that are required to be paid in order to . Financial Aid | California State University, Bakersfield For all Title IV programs, the school received a valid SAR/ISIR by the date established by the Department in the annual deadline date notice. For more info refer to the Enrollment & Recalculation of Aid page. Students will be notified of any For other programs, the institution must divide the number of credit or clock hours in the payment period by the number of hours in the program and multiply the result by the total institutional charges for the program. The university makes a delayed decision that the student was not eligible to enroll in a refund or what your balance will be after your financial aid applies. If a school uses a bank-issued stored-value or prepaid debit card that is supported by a federally insured bank account to deliver funds for books and supplies, a student must have access to the funds via the card by the seventh day of his or her payment period. Share Insurance Fund (NCUSIF) in accordance with applicable the documented cost of returnable equipment not returned in good condition within 20 days of withdrawal. A financial aid student who drops all classes prior to the start of the term but already As allowed under 34 CFR 668.164(c), a school may credit the The law requires that any excess PLUS Loan funds be returned to the parent. provided to a student as a credit balance. If a disbursement creates a Title all the funds a student was entitled to, please note that disbursing or redisbursing These donors recognize that scholarships help provide a financial pathway to a college education, and are passionate about helping students succeed.