2/11/2016 0 Comments Heads up about Financial AidThis is important information for those who are receiving scholarships from UH or federal assistance like a Pell grant:
As per federal regulations, your funds cannot be released to your account until 10 days prior to the start of your program. Keio University's spring semester starts on April 7, 2016. So my funds are not being released until "approximately" March 28, 2016. If you don't submit your full tuition payment by the regular deadline, the Cashier's office will put a hold on your account and send you notices of an "outstanding balance" in the mail. Normally this doesn't happen to those who are on financial aid, but if you are studying abroad through a program that starts a lot later than UH, it's a different story. The Cashier's office told me that although they know that I will be abroad and financial aid funds won't be released until later, they will continue to send these notices and have a hold on your account until they receive payment on their end. They said the correct thing to do is to pay your tuition at the normal time and wait for a refund later. I think this is important to know so you can be prepared to pay your tuition at a normal time, without your financial aid or sign up for a payment plan. Also, I received a scholarship from Hawaii Community Foundation, and those funds were already applied to my account. I also spoke to a friend who will be studying abroad in Japan and is receiving different scholarships and this person's funds were applied to their account already as well. So I have a feeling that this only affects scholarships from within the UH system and federal funds like a pell grant. This situation might never affect you. But if you're going to Japan (since the start of their semester is so different from UH) and if you're receiving aid, you should check up on this and be prepared.
0 Comments
|
|