Scholarship funds

<p>Does anyone know when these are deposited into student accounts? In time for textbook purchases maybe? Hopefully?</p>

<p>If you have a scholarship from the university they should have already (or are in the process) of being deposited now. If you have a refund then they will be direct deposited (if you have that set up). </p>

<p>Outside scholarships will be credited as they are received.</p>

<p>I am not sure when federal loans arrive.</p>

<p>Thanks, we haven’t seen anything from the university yet, but we’ll keep checking.</p>

<p>If you are an incoming student perhaps it may take a little bit longer.</p>

<p>The student receivables account should be up for everyone. Go to mybama, then academics, then student services, then student recievables, then view your account, pay/confirm your schedule, and finally choose the fall 2009 selection. At that point, you will see your entire account information including how your scholarships where credited to your account.</p>

<p>how do you set it up so that any extra from outside scholarships goes into a bank account?</p>

<p>Student receivables told me:</p>

<p>For a direct deposit account, call student receivables. They will instruct you which bank numbers they need to place the money in your account. If you don’t, you will receive a check in that (excess) amount after August 10.</p>

<p>You can ask them to keep the money in your account so it can roll over to the second semester.</p>

<p>thanks pretzeldude92! do you happen to know the number, or is it somewhere on the mybama page? lets hope the outside scholarships show up in time to pay for books.</p>

<p>The student receivables page says it’s 1-205-348-5350, and then you might have to press a few numbers so you get directed to the appropriate people</p>

<p>thanks!!!</p>

<p>So if our daughter has a positive balance in her account on 8/10, they’ll issue her a check?</p>

<p>jaf1991
Yes, but to clarify, you will know if you will receive a refund if the PROJECTED ACCOUNT BALANCE is -$1,000 (I just used a random number).
It will look something like this</p>

<p>Total Account Balance = how much you owe UA (tuition + dorm + meal plan + etc)
Projected Credits and Payments = how much money is in your account (scholarships, any previously made cash/check/credit card payments).
Projected Account Balance = total account balance - projected credits and payments
which is why it will be negative when you are receiving a refund.</p>

<p>uaprophet, thanks! I think I have it figured out, although it did take me a while.</p>