Csulb student assistant1/12/2024 ![]() The refund schedule is based on calendar days, including weekends and holidays. If class starts on a weekend, then the refund schedule begins that same day. ![]() The refund schedule will begin on the first day, which is the date listed on the class schedule. ![]() The first day is the day listed on the schedule of classes. If class is dropped prior to the day of the first class meeting, the refund will be minus a $10.00 processing fee. After instruction begins, students who drop all their classes will owe pro-rated fees based on the date of withdrawal. Students who do not plan to attend should drop all classes before the first day of instruction. Important: It is YOUR responsibility to drop classes by the deadlines, regardless of the reason, to avoid charges or be eligible for a full or pro-rated refund. Refund regulations for the California State University System are prescribed by the California Code of Regulations, Title V, Section 41802. If a course is canceled for any reason, students may transfer their fees to other courses or request a full refund of fees in person at CPaCE.Please be aware that any outstanding financial obligation to the university (i.e., library fines) may be withheld from your refund.Students with appropriate signatures must officially drop their course(s) and submit a refund request to Refunds are calculated based on the date the request is received at CPaCE.Your lender should provide you with all of the information you need to know about these requirements, but if you have questions, feel free to contact our office. ![]() Students must also sign a self-certification form and submit it to the lender before the loan can be disbursed.A waiting period of three business days is required between the time the borrower receives the final loan disclosure and the time that the loan is disbursed.Lenders must provide three separate loan disclosures to borrowers-one at the point of application, one when the loan is approved, and one before the loan is disbursed.Lenders who provide these loans must comply with the following requirements: New provisions in the Truth in Lending Act, implemented February 14, 2010, have resulted in a number of changes in the process for applying for and receiving private education loans. If sent as a check, will it be payable to the student, or the school?.Will the loan funds be sent electronically or by check?.How long does it take for the funds to disburse to the school?.Are there options available to postpone payment in the event of financial hardship?.What is the length of the repayment term?.Will having a co-signer lower the interest rate?.Will I need to pay the interest while enrolled in school?.When does interest capitalize and how often?.Are there reduced interest rates for on-time payments?.If variable, how often will it be adjusted?.Are there any enrollment requirements (Full-Time, Half-time, less-than half-time, Satisfactory Academic Progress)?.When looking for a Private Loan, here are some questions you should ask: The interest rates are variable, meaning they can change on a monthly basis, and are determined by the information in your credit report. Approval of the loan is typically based on your credit rating and debt-to-income ratio and may require a co-signer. There are a variety of lenders that offer non-federal, or private, education loans.
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