The College makes late disbursement to student to cover these charges. The College returns any undisbursed Title IV that exceeds theses charges back to the program funds. If late disbursement of Title IV - must include in calculations. If late disbursement of state aid - may include in calculations. If late disbursement of other aid - must not include in calculations.
Late disbursements are no longer optional in the case of students who withdraw.
The College may disburse only enough funds to make up the difference between earned and disbursed aid. Late disbursements are prohibited if the student received more aid than he or she earned prior to withdrawal. The College must disburse or offer to disburse any portion of a late disbursement that is not credited to a student's account, but if the student does not respond within 14 days, the institution does not have to pay it. Mid-South Community College. All rights reserved.