|
FALL
2011 PELL ADVANCE PAYMENT SCHEDULE |
First
Scheduled Payment |
Second Scheduled
Payment |
Third Scheduled
Payment |
August 24 |
August 31 |
September 8 |
| To qualify for a Pell Advance on one of the above dates, your
FAFSA information must have been processed as correct and you must have settled your Fall tuition bill by: |
First Payment Deadline |
Second Payment Deadline |
Third Payment Deadline |
August 15 |
August 22 |
August 29 |
| Your tuition bill must show an available Pell credit
balance. |
|
SPRING
2012 PELL ADVANCE PAYMENT SCHEDULE |
First Scheduled
Payment |
Second Scheduled
Payment |
Third Scheduled
Payment |
January 25 |
February
1 |
February
8 |
To qualify for a Pell Advance on one of the above dates, your
FAFSA information must have been processed as correct and you must have settled your Spring tuition bill by: |
First Payment Deadline |
Second Payment Deadline |
Third Payment Deadline |
January 17 |
January 23 |
January 30 |
| Your tuition
bill must show an available Pell credit balance. |
Since Federal Pell Grant awards for the
Fall semester are not paid until October and Spring awards
not paid until March, the Office of Financial Aid schedules an advance payment of Pell for eligible students at the beginning of the Fall and Spring semesters. These advance payments are intended
to give you a portion of your award at the beginning of the
semester to help purchase books and supplies.
The amount of your Pell Advance can be up to
$600 but depends on the amount of available Pell Grant remaining after
your tuition and fees are paid.
In order to provide an advance payment to as
many students as possible within the first 2 weeks of classes,
the Office of Financial Aid schedules several dates at the beginning
of each term for the distribution of the advance. You must
meet the above conditions in one of the columns of the Fall or
Spring chart to receive an advance payment on one of the scheduled dates.
If you have chosen either the CUNY Scholar Support Prepaid Card or direct deposit methods
to receive your financial aid disbursements, your Pell Advance
will be added to the card or appear in your account on one of the above payment dates (based on which payment deadline you meet). If
you are receiving a check, it will be mailed to your home
on the scheduled date. Eligible students will be sent an email notification
before the scheduled distribution
date.
These payments do not represent any additional
financial aid. If you receive an advance payment, the amount of this payment will be deducted from your regular
Federal Pell Grant disbursement. Please note that if you receive a Pell Advance but di not begin attendance in your classes, you must return the payment immediately to the college. |