Timely Book Allowance

Beginning with the Fall 2011 semester, Mount Aloysius College offers a book store voucher to all qualifying students who will have a Title IV refund.  A Title IV refund occurs when the amount of the Title IV funds a student is eligible for exceeds allowable charges the College has assessed.   The College will make the credit balance available to the student in the form of a book store voucher by the seventh day of the semester.

Qualifying students must meet all of the following criteria:

1. The student is Pell grant eligible
2. The student's Title IV aid (Pell grant, FSEOG grant, Perkins Loan, Direct Subsidized and Unsubsidized Loan and Direct Parent PLUS Loan (if applicable) exceeds the colleges charges (tuition, fees, room and board)
3. The student's financial aid file must be complete and have no conflicting or missing information.  For example, verification (if applicable), Master Promissory Note (MPN), Entrance counseling, etc. must be complete.

The amount provided to the student in a book store voucher will be the lesser of the anticipated credit or the amount the school determines the student will need.