Student Accounts Information
Student Loans: Stafford Loans (subsidized and unsubsidized), Parent PLUS Loans and alternative loans will not appear on the student's financial obligation worksheet until he or she is certified by the Financial Aid Office. Certification happens after all proper forms have been completed and filed with the Financial Aid Office. College Work Study: A work-study award may be part of the student's financial aid package. However, this award will not be deducted from the student's bill. If the student is employed in a workstudy position, his or her paycheck will be available at the Business Office on Thursdays after 3 p.m. Students have the option to sign over paychecks to be applied against any outstanding balance on their account. Outside Scholarships and Funding: If the student will receive an outside scholarship, grant or loan that will not be paid by the semester bill due date, a letter from that agency must be provided to the Student Accounts Office. If a letter is not provided , the student will be responsible for payment. Employer Reimbursement: Students who have official verification of employer's intent to pay are eligible for this option. Students must be paid in full from the prior semester in order to exercise this option. Official verification in the form of a letter and/or payment voucher must be signed and submitted by the employer and submitted to the Student Accounts Office prior to the first day of classes.
There may be instances where employers reimburse directly to the students upon completion of the course. In those circumstances, students are required to pay their tuition balance to SVC prior to the start of the course. Veteran Payment Option: Eligible students are those who are certified for VA educational benefits by the Registrar, who is the SVC VA representative. Students must be paid in full from prior semester. Students will need to submit an authorized veteran payment voucher to the Student Accounts Office in lieu of payment.
Refund Policy Students with a credit on their account may be eligible for a refund. Refunds may only be requested by the student (student's signature is required). The Refund Request Form is available through the Student Accounts Office and the Student Accounts Forms Web page and must be completed in full before a refund will be processed. Refunds will be reviewed and processed only after the completed request form is received and a credit balance appears on the student account. The Business Office does not begin processing refunds until after the start of the semester, after all charges have been posted and after financial aid has been disbursed. Allow two to three weeks for refund processing after the credit appears on the student account. Refunds will only be issued to the student, except for those students who have Federal Parent PLUS loans or TMS pay-
Southern Vermont College Catalogue 2012-2014
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