All registered students who have extra financial aid funds (Pell Grant), remaining after their tuition and fees have been paid, will receive a "financial aid refund" paid directly to them. These funds may be used to buy books and supplies.
The payments will be available as follows:
All checks and CUNY Scholar Support Debit Cards can be used at the QCC campus book store. If you have not already signed up for the CUNY Scholars Support Debit Card or Direct Deposit, your Spring 2014 Financial Aid refund will be sent to you via paper check. You can sign up for the Debit Card or Direct Deposit for future financial aid payments.
The Pell book advance process is a two part process in CUNYfirst. The first part of this process refers to disbursement dates. Disbursement dates in CUNYfirst indicate that leftover Pell grant funds have been applied to the students account. This process runs every Monday. The second part of this process allows the leftover funds payable to the student. This process runs every Friday. If you have the CUNY pre-paid debit card or direct deposit you will receive your funds on the Friday of the week your leftover funds have been disbursed. If you opt for a paper check to be mailed to your residence, the check is then mailed on that Friday. All students should check their CUNYfirst accounts for information regarding both disbursement dates and dates payable to the student.
The dates are as follows:
|Disbursement Dates||Payable to Student|
The 1/21/2014 disbursement date is on a Tuesday due to Martin Luther King Day on 1/20/2014 and all CUNY campuses are closed.
All students who have not yet applied for financial aid and/or have not yet submitted requested documentation must allow up to 4 weeks for processing, so please do so immediately to reduce the delay in receiving your book advance.
Please note, all students who withdraw from some or all classes and/or do not attend classes will be responsible to repay some or all of the book advance funds. Please contact the Office of Financial Services for instructions or questions regarding how to return the funds, if you think this applies to you.
If you have applied for a Direct Loan and it has been processed, the Spring portion of the loan will be credited to your account at Queensborough Community College on Monday, February 3rd. If there are excess funds from your loan over and above the tuition and fees, a refund will be issued and payable to you on Friday, February 7, 2014.