Payment of Awards
The College pays financial aid scholarships, grants, and student loans by direct credit to your student account on a semester basis. Your aid will be credited to your account as soon as possible after you have returned all required forms and classes have started. Enrollment in Modular courses will delay payment of awards until the modular course begins, please plan accordingly. The payments typically begin after all drop and add activity is completed and the refund period has ended. A change to your original enrollment status will require a revision to your awards and also could delay your payment and refund you may receive.
You may be able to charge your books if you have financial aid awards in excess of the amount needed to pay tuition and fees. To take advantage of this service, please contact the Financial Aid Office during the first week of class during any semester.
Award Offers in Workday Student
- Award Offers – You are required to accept or decline all awards listed on your financial aid offer.
- Loans Listed on the Award Offer – If your financial aid offer includes a Federal Direct Subsidized or Unsubsidized Loan, Workday Student will automatically add it to your award package. If you do not have sufficient grant assistance, you may choose to accept the loan.
- Note: Only borrow what you need to cover your educational expenses. Loans must be repaid with interest and fees.
- Steps to Receive a Loan – To receive loan funds, you must complete the following three steps:
- Master Promissory Note (MPN): This is your legal agreement to repay the loan. A new MPN must be completed for loan processing.
- Entrance Counseling Session: This ensures you understand your responsibilities as a borrower.
- Annual Student Loan Acknowledgment Form
- Declining Your Loan – If you do not wish to borrow loan funds, you may decline the loan in your award offer.
- Missing Documents – To avoid delays in your financial aid processing, make sure all required documents and steps are completed. In Workday, look for the "Awaiting Your Action" box, which will notify you of any missing items.
- In Workday, navigate to "My Tasks"
- Follow the instructions for each action item. Some tasks may direct you to external websites, require forms to be completed, or ask you to upload documents. Please read all instructions carefully.
Log in to your Workday Student account
Financial Aid Refunds
Financial aid awards in excess of the amount needed to pay any outstanding balance owed to the College are refunded directly to students. Late financial aid awards are processed as soon as administratively possible. Late refund checks are issued to students throughout the processing year. In general, students can expect to receive their refund check within 14 days of the date their financial aid is paid to their student account, assuming that classes have started, the refund period has ended and there is no change in their enrollment or other eligibility criteria.