|
Financial Aid - Deferments of Tuition & Fees and
Disbursements
After Add/Drop has ended
each semester, students' awards are updated, as needed, based on the
number of hours a student is enrolled for the semester. After this has
occurred, disbursement of financial aid begins and continues daily
throughout the semester.
Check the Bulletin Boards on myweb.shu.edu for specific dates and
information regarding disbursement for the Fall, Spring, and Summer
semesters.
Deferments allow for the time lag that normally occurs between the dates
that tuition and fees are due, and the date on which financial aid
disbursements are made. For those who live in on-campus housing,
deferments may also be granted if there is enough financial aid to fully
cover the amount of tuition and fees, housing and meal costs for the
semester.
The anticipated Financial Aid is listed on a student's Fee Invoice, is
the sum of a student's financial aid awards for the semester. It does
not include the actual NJ TAG Award only estimated, on the Fee Invoice
and has already been subtracted from the "Amount Due."
If the amount of the anticipated Financial Aid is a greater amount than
the "Amount Due" listed on the Fee Invoice, then students does not have
to pay by the Fee Payment Deadline. Rather, when their financial aid
disburses, it will pay off the Amount Due. If for any reason the student
is not eligible to receive their awards due to not being enrolled in
sufficient hours or other eligibility reasons, then their tuition and
fees, and/or housing and meal charges will become their responsibility
to pay.
Please note that the amount of the anticipated Financial Aid is an
estimate until after Add/Drop has ended, at which time award amounts are
finalized based on the number of hours a student is enrolled. Until the
end of Add/Drop, the amount is estimated based on a student being
enrolled full time.
If a student who has already registered for classes decides not to
attend SHU, then that student must officially drop his/her classes by
the end of the Add/Drop period; otherwise, the student will be obligated
to pay the debts and charges owed to the University.
|
