FINANCIAL AID PAYMENT SCHEDULE
Northwest Mississippi Community College students receiving grants, scholarships and loans may defer all fees (tuition, books, and room/board) up to the total of all official awards until the awards are paid by the Business Office. No financial aid will be officially awarded until the student has met all admission requirements as determined by the Registrar, the student's FAFSA is completed (including Verification), and eligibility has determined by the Financial Aid Office.
WITHDRAWAL/DROP OUT OF SCHOOL- If you withdraw from school before you complete sixty percent (60%) of the school term, you may still owe a balance to the school.
Term Withdraw on or after
Spring 2012 March 26, 2012
We do not want you to withdraw, but if you must, withdraw after the above date, if possible. Withdrawing from school can also affect your future financial aid eligibility and result in you owing money to the college.
The Financial Aid Office will authorize all financial awards (grants, loans, work-study, institutional scholarships, and all other scholarships), and the Business Office will credit all awards to the student’s account.
Refunds: School charges will be withheld from the first monies credited to the student’s account and any remaining funds will be disbursed from your student account by the Business Office according to the following schedule. NOTE: Refund checks will be mailed to the address on file in the Registrar’s Office. They cannot be picked up.
Loan Refunds
Term Enrollment Checked Approximate Refund Dates
Spring 2012 (1) When Funds are Received February 14, 2012
(2) When Funds are Received April 3, 2012
(3) When Funds are Received May 3, 2012
MTAG, MESG, and HELP: Your enrollment status will be checked at one point in time during the semester as shown below. If you drop some classes before this date it may reduce the amount of your grant. These amounts will be disbursed to your Business Office account.
Term Enrollment Checked Approximate Refund Dates
Spring 2012 March 21, 2012 March 28, 2012
Pell Grants, SEOG, Scholarships, and County Tuition Assistance: Your enrollment status will be checked at one point in time during the semester as shown below. If you drop some classes before this date it may reduce the amount of your grant. These amounts will be disbursed to your Business Office account.
Term Enrollment Checked Approximate Refund Dates
Spring 2012 February 17, 2011 March 28, 2012
Work-Study Payment Schedule:
Date Pay Period Ends Date Checks Should Be Ready
February 3, 2012 February 10, 2012
February 24, 2012 March 2, 2012
March 30, 2012 April 4, 2012
April 20, 2012 April 27, 2012
The Northwest Financial Aid Office reserves the right to change any of the dates listed above, if necessary.
Last Updated Thursday, January 05 2012 @ 11:51 AM CST|10,633 Hits 