Page 158 - CVTC 2022-2023 Student Handbook

To avoid refund check mail delays, the College highly recommends students to use the direct deposit electronic refund process to receive refunds. Setup an electronic refund account in Cashier Connection. Log on to MyCVTC > My Balance > Cashier Connection.
Financial Aid Refund Information
A credit balance may result from financial aid funds such as grants, scholarships, or loans applied to the student’s account. After financial aid funds are posted to student accounts, refunds of excess aid are issued to the student.
Students must be aware that their enrollment status may affect the amount of financial aid received. Learn more about enrollment status at MyCVTC > Pay for College > Financial Aid > Financial Aid Guide.
To determine how funds will be disbursed, it is necessary to know what type of financial aid is being received, such as Pell Grant, SEOG, Loans, Scholarships, etc.
The chart below provides estimated financial aid refund information for eligible students. Students must submit all necessary documents to the Financial Aid Office before any disbursement of financial aid. Receipt of financial aid may be delayed if the necessary documentation has not been received. Refunds are issued weekly and posted to student accounts as funds are received.
PAYING FOR COLLEGE
Financial Aid Fund
Direct Loans, State Grants, etc.
Federal Pell Grant, SEOG
1st Refund Date
First Friday of the semester for electronic refunds. Paper checks* will be mailed the following week.
Fifth Friday of the semester for electronic refunds. Paper checks* will be mailed the following week.
*Please allow up to 10 business days for paper refund checks to arrive.
Unexpected computer problems and delays in the mail system cannot be predicted. CVTC cannot authorize early disbursement of checks. Students receiving unexpected or unwanted refunds, or who have questions regarding refund checks, should contact the Cashier’s Office immediately.
CVTC Foundation Scholarships
CVTC Foundation Inc., offers scholarships to CVTC students each year acknowledging academic excellence and student need at CVTC. Thanks to the generosity of numerous donors, more than 200 scholarships are awarded to CVTC students annually. CVTC students apply for all Foundation scholarships using an online application. Students complete a general application, and the system automatically applies students to the relevant scholarship opportunities they are eligible for, all within a matter of minutes. Scholarship application assistance is offered to all students at the beginning of the spring semester. For more information about scholarships, contact the CVTC Foundation by phone 715-833-6479, email foundation@cvtc.edu, or visit MyCVTC > Pay for College > Scholarships.
Student Emergency Fund
The CVTC Student Emergency Fund provides financial assistance to CVTC students involved in a catastrophic situation or emergency/unanticipated event that may affect the student’s ability to continue their education. The fund is intended to address a primary need that cannot be addressed through other community organizations. For more information, visit MyCVTC > Pay for College > Student Emergency Fund.
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