Comment history

Aid, scholarship delays fluster YSU students

Federal regulations state that a school may not disburse federal financial aid funds "until the 10th day before the first day of classes". If YSU does not know when the first day of classes is going to be because of a pending strike notice from the faculty how do you expect them to disburse the funds. YSU also has 14 days to refund any credit balance that is created by the disbursement of federal financial aid funds. The 14 day rule is from the date of disbursement of funds or the first day of class whichever is later. Students should learn the rules before they cry foul about YSU. YSU is just following federal regulations.

August 20, 2011 at 12:11 p.m. suggest removal

Aid, scholarship delays fluster YSU students

Federal regulations state that a school may not disburse federal financial aid funds "until the 10th day before the first day of classes". If YSU does not know when the first day of classes is going to be because of a pending strike notice from the faculty how do you expect them to disburse the funds. YSU also has 14 days to refund any credit balance that is created by the disbursement of federal financial aid funds. The 14 day rule is from the date of disbursement of funds or the first day of class whichever is later. Students should learn the rules before they cry foul about YSU. YSU is just following federal regulations.

August 20, 2011 at 12:05 p.m. suggest removal