Southern California University of Health Sciences - Consumer Information Guide

Application of Funds
Federal financial aid and/or state assistance funds are retained at the time of disbursement to pay
allowable academic year or payment period charges owed to the University. Allowable charges
are defined as tuition and fees. Federal financial aid funds may only be used to pay for costs the
student incurs for the period for which the federal financial aid funds are provided. However, the
University may use current-year federal financial aid funds to satisfy prior award year allowable
charges for a total of not more than $200
Credit Authorization to Apply Federal Financial Aid Funds
The University may obtain a student (or parent in the case of a PLUS loan) written, voluntary
authorization through the University financial aid application process to retain a federal financial
aid credit balance The University will not require or coerce the authorization and will notify the
student (or parent in the case of a PLUS loan) that the authorization may be canceled at any time
If the student (or parent in the case of a PLUS loan) chooses to cancel the authorization, the
cancellation is not retroactive. Funds retained for incurred allowable charges and prior year
charges retained prior to the University receiving the authorization cancellation will remain on
account. At any time, the University will accept a signed statement from a student (or parent in
the case of a PLUS loan) canceling or modifying the Credit Balance Authorization initially
provided to the SCU. The form is available on MySCU or available in the Student Accounts
office. SCU will accept an authorization provided by the student (or parent in the case of a PLUS
loan) orally, rather than in writing if the student (or parent in the case of a PLUS loan) has been
affected by a federally declared natural disaster and is prevented from providing a written
authorization based on status. If a student (or parent in the case of a PLUS loan) cancels an
authorization to apply a federal financial aid credit balance, the funds will be paid directly to the
student (or parent in the case of a PLUS loan, or student if authorized by the parent) as soon as
possible, but no later than 14 days after the University receives the notice.
SCU will automatically retain funds for invoiced allowable charges for the current payment
period as well as any prior academic year charges for tuition, electronic course material fees and
directed study for a total not to exceed $200. If both the first and second disbursements are
received simultaneously, allowable charges may be withheld for both payment periods provided
those charges have been charged to the student account.
Application of Title IV Funds
The University will apply funds received from a federal financial aid disbursement in the
following order:
Invoiced and unpaid allowable charges for the current payment period or prior
payment period of the loan period;
If authorization has been obtained from the student (or parent in the case of a PLUS
loan), future allowable charges in the payment period of the applicable loan period;
Unpaid allowable charges for a prior academic year, not to exceed $200;
53