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How Aid is Credited

Aid is Awarded Based on Your Enrolled Credits

Your financial aid is awarded based on your anticipated number of enrolled credits. If you change your number of credit during add/drop, your financial aid will be reviewed and may be adjusted based on your final number of officially enrolled credits.

Aid Released to Student Accounts Based on Your Class Attendance

Beginning at the end of the add/drop period, the financial aid counselor at your site will review the attendance as recorded by the faculty members. If you are attending your classes regularly, your aid will be released to your account.

Please note you may get a notice from your lender with a tentative disbursement date of your student loan; that is in all likelihood not the date your loan will be released, as we need to check attendance before we authorize the lender to release your loan disbursement. The date they send you in their notice is simply the earliest possible date it could be released.

Receiving a Financial Aid Refund

A refund is issued for excess funds that have been applied to the students account after deducting tuition and fees that have been billed at the point the credit appears.  Refund checks are issued on Wednesdays of each week and ALL paper checks will be mailed out to your home address that our office has on file.  They are not available for pick-up at the office.

You can receive your refund quicker by signing up for Direct Deposit of your refund check.  This will insure that your money is posted directly to your bank account in a timely fashion and you won’t have to wait for the check to arrive in your mailbox.  To sign up for direct deposit of your refund check, follow the below steps:

  • Go to https://portal.vtc.edu
  • Select VSC BILL PAYMENT tab at your left
  • Log in again using your Blackboard ID and password
  • Select Refunds then choose Payment Profile
  • Add a Payment Method, complete and check Refund Option Box.  The account you enter will be where your refunds are sent.
Students/Parents must decide which account to deposit any excess money to as only ONE account can be entered.