Aid Like a Paycheck
Get paid to succeed!
San Jacinto College is testing two ways of refunding financial aid after tuition, fees, and any other charges to the College are paid. Some students will receive a single deposit approximately 30 days after the start of the term. Other students will receive their financial aid refund deposits approximately every two weeks throughout the semester through a program called Aid Like A Paycheck. In this program, students may receive their first biweekly deposit as early as three weeks into the term. Your total expected aid amount will be the same regardless of which way you receive your financial aid refund. Students will receive an email telling them which way they will receive their financial aid refund.
San Jacinto College is enacting this new program to help students better manage their financial aid money throughout the semester and maintain a good balance between work hours and school. The overall goal is to support students throughout the semester so they can stay enrolled and successfully complete their courses.
Below is a comparison of both refund methods. Keep in mind that all aid disbursements and refunds will be adjusted throughout the semester according to actual enrollment and charges made to your account at the bookstore or otherwise.
If you are awarded financial aid, you will receive a notification of your award via email as soon as it is awarded. This award information is also instantly available online in your SOS account. Please note: Award information in SOS is based on full-time enrollment, i.e., being enrolled and attending 12 credit hours. If your enrollment changes, your refund will change as well.
If you receive your financial aid award before payment deadlines, tuition and fees may be charged directly to grants, Direct Stafford Loans, and some scholarships, up to your eligibility.
If you have financial aid remaining after tuition and fees have been deducted, you can charge your books and supplies on a schedule posted at the San Jac Bookstores. There is a 24-hour delay before those funds will be available in the bookstore account.
After all charges (including tuition, fees, books, and supplies) have been paid, or if your financial aid is posted after registration has ended, a refund will be sent to your San Jac Card.
In this method, you will receive your financial aid refund in a single deposit to your San Jac Card approximately 30 days after the start of the term.
Aid Like A Paycheck
After paying off all registration charges as outlined above (ie. tuition, fees, books, and supplies), you may receive your financial aid refund in multiple deposits every two weeks if your total refund is more than $800. You will be on this refund schedule for fall and spring semesters only, through 2017. Specifically:
- If your financial aid refund is more than $800 after paying tuition and fees and making purchases at the bookstore, you will be scheduled to receive seven deposits to your San Jac Card approximately every two weeks during the semester. These biweekly deposits may start as early as three weeks into the term.
- If your financial aid refund is less than $800 after paying tuition and fees and making purchases at the bookstore, you will receive a single deposit to your San Jac Card.
Your refund payment schedule may change throughout the semester. To learn about the different ways your refund amount may change, please see the diagram under the Receiving Funds menu on the Managing Your Aid page of our website.
If you have any additional questions about financial aid or your financial aid refund payment schedule, please contact a San Jacinto College financial aid advisor. Contact information for financial aid advisors can be found on the Advisors section of our Financial Aid web page. If you believe that receiving financial aid refunds in transfers approximately every two weeks may cause you unnecessary hardship, you may contact a financial aid advisor at your nearest campus.
For the most up to date information on your financial aid award and your specific financial aid refund payment schedule, please check your SOS account.
San Jacinto College is also testing which method of refunding financial aid works best in helping students manage their finances and succeed in college. As part of this study, San Jacinto College will share your student records data with a research organization called MDRC. These data include personal identifiers, such as name and contact information, enrollment in college, courses attempted and completed, grades, and financial aid receipt. In the future, researchers may contact you to ask questions about financial aid and your experiences in college. Information that MDRC and San Jacinto College collect for the study will be kept confidential and will be used for research purposes only. If you have questions about the study, or you don’t want to be contacted or your data to be shared, please contact MDRC at firstname.lastname@example.org. Whether or not you remain in the study, you will always have access to financial aid or any other San Jacinto College services.
Information that MDRC and San Jacinto College collect for the study will be kept confidential and will only be used for research purposes only. Paper research records that include identifying information such as names, addresses, or Social Security Numbers will be kept in locked filing cabinets or locked offices at MDRC and San Jacinto College. Computerized research data will be kept in password-protected files. All paper and computerized files containing identifying information will be destroyed at the end of the study.