Departments & Offices » Financial Operations » Student Accounts » Financial Aid

Financial Aid

Loans, Scholarships and Grants

The billing statements reflect all College-administered financial aid awards for the billed semester. Private off-campus scholarships are shown as payments only if the College received the scholarship check prior to the date of the billing statement. Private scholarship payments that have not been received are shown as pending credit memos on the bill and have been deducted from the semester charges. If for some reason the scholarship money is never received by the College, the student will be responsible for paying the balance owed.

Work study awards have not been deducted from the bill as they represent potential job opportunities for a student and are not intended to be used for the payment of tuition.

Pending Memos for Direct, Private and PLUS Loans

The College will list offered and/or accepted Direct, PLUS, Perkins and Private loans as pending credit memos on the billing statement. The loan memo amount is the approximate disbursement  amount that the College will receive for the semester from the lending source. In the event that the PLUS loan is denied by the lender or any of the loans are not accepted by the borrower, the memo will be removed from the account and the student will be responsible for paying all outstanding charges.

Any balance not covered by financial aid must be paid in full by the due date on your billing statement. Any unpaid balances will result in late fees, registration holds and holds on your transcripts.

Please direct any questions concerning your financial aid to the Financial Aid Office at (757) 221-2420 or email at [[finaid]].