ISIS Fin-Aid Alert?

Colleges and Universities A-Z University of Florida
1

<p>Just checked to see if my FAFSA for Summer B was processed to UF and this is what it says for the Aid Status:</p>

<p>2010-2011 Financial Aid Status
(Fall 2010, Spring 2011, Summer 2011) </p>

<p>ALERT
Important Notice to Students awarded Financial Aid.</p>

<p>Federal regulations require the university to obtain your permission to use your Federal Title IV financial aid (grants and loans) to pay charges other than tuition and housing that appear on your account. These charges may include books, meal plans, laser prints, health care services, and parking decals or tickets.</p>

<p>When your financial aid is disbursed, these charges will be paid and any balance remaining will be direct-deposited into your checking account or mailed to you. Your permission will expedite payment of these charges and disbursement of your aid.</p>

<p>To grant permission to have your financial aid pay all UF charges, please select the "Student Permission" button below. To skip this permission step select "Continue" below. </p>

<p>What should I click? Student Permission or Continue? Or am I reading too much in to this?</p>

<p>Thanks!</p>

2

<p>I suppose it depends on each person and how they want to handle this. We decided not to have our daughter click on student permission granted (we always hit continue). What this means is that they apply her aid to her account for tuition, bookstore deferrment, etc., but they cannot use her financial aid for anything else. She has never had a meal plan so there wasn’t any concern there about having her aid applied to that. Our reasoning is that if she’s every charged something, i.e. a parking ticket, and she disputes it or it’s in error in any way, it will be much easier to pay that ticket when she gets the bill than to have it automatically deducted from aid and then try and get that money back. So far it’s worked quite well, but again … her aid covers her books/tuition, and the rest of the money is just direct deposited to her. She’s never used health services for anything so has never been charged, but again … we would rather have an invoice with a bill printed on it than an automatic deduction from her aid. Perhaps someone else has another take on this …</p>

<p>zebes</p>