Financial Aid Help authorization of charges?
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Can someone please explain this to me i do not know which to choose : -Yes If you choose Yes, you authorize the Los Angeles Community College District (the District), during the period of your enrollment, to deduct from your funds, including Federal Student Aid and State program funds, the following institutional charges and obligations, in addition to tuition and fees. You understand that if you do not receive sufficient funds to cover the charges listed below, you are responsible for paying any unpaid portion to the College Business/Fiscal Office. You understand that your ability to enroll in classes and receive College services may be withheld if charges are not paid. * Student Financial Aid Advance/Loan * Book Loans * NSF/returned checks including service fees * Library books and fines * Dean’s Loan * Equipment (athletic, chemistry lab.etc.) * Health fee * Replacement Card Fee * Emergency Loan * Transcript fees * Child Care payment * Prior year drop fees * Institutional debt * Prior year enrollment fees * Overpayment of Title IV funds * Emergency Loan You have read and understand the information stated above. You understand that you may cancel or modify this authorization at any time. You understand that if youo cancel this authorization, College services including financial aid will be withheld until all financial aid obligations incurred at the District have been resolved. -No If you choose No, you have chosen to opt out of Authorization of Charges. All college services, including disbursement of funds, will be withheld until all financial obligations incurred at the District are resolved.
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Answer:
They are asking for your permission to automatically pay themselves for the required college charges with your federal grants and loans. This is what happens, any federal financial aid you receive, grants andloans, will be deposited to your college account on the scheduled disbursement date that the college has for students to receive their aid, which is per semester, so you get half at a time. The college will charge your college account for the semester college charges of tuition, fees, room and board (which can include all that listed above). When that disbursement dates comes up and they put your federal aid loans and grants into the account they college will pay themselves automatically with that money for all of those charges for the semester of tuition, fees, room and board. Those are the rules of federal aid. However they are asking your permission to pay any past due other fees you incurred that you left unpaid from prior year and also anything you may owe like from that list above. So for example they would charge you for the semester fees, room and board for this coming fall but say you attended last year and you use their day care because you have a child but you owe them from the last semester you attended 100.00 but and also you used the school nurse and had some urinalysis done but did not pay for it totally so you owe them 125.00 still from last year. So they are asking you for your permission to be able to take funds out that you owe them from last year and to pay themselves first with your aid for the semester that they charge. Its pretty much you have to agree because they will put a hold on your account and college until you pay it anyway and you wont be able to attend. Either way call your financial aid office to get a direct answer to all your questions but this is how it works at my daughter's college. I
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Other answers
to be totally honest, since it is so very clear exactly what they are saying perhaps you should consider not attending college because you will not be able to comprehend the materials being taught on the college level
Hoos Ur Daddy
There are various things that you need to pay at college, and if you don't pay them, you may be prevented for enrolling in classes, getting diplomas, etc. So, you are paying for these things one way or another. This does not mean that there are automatically fees for all of the above things, but some of them might apply to you, and you will need to pay them. The question is whether you want the college to automatically use any extra financial aid money (which gets distributed directly to the college) that might be left after tuition and fees to pay for these additional fees. If so, you should say "yes". If you choose "no", any extra financial aid money will just stay in your school account (though you can request a transfer to your bank account), and you will need to make separate payments for any other fees. I would go with yes, personally. Nothing sucks more than feeling like you have money, but then needing to pay for more things. I'd rather just not see the money in the first place.
Anon
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