Getting Pell Grant Refunds
Pell grant refunds are available to students whose tuition and fees is less than what the Pell grant covers, and the school distributes the remainder through electronic funds, a check or a debit card. Attain Pell grant refunds with information from an experienced financial aid officer of a university in this free video on education.
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Hi, my name is Brooke Kramer. I am the Financial Aid Officer with Argosy University in Salt Lake City and today we're going to talk about getting Pell Grant refunds. Now refunds is a pretty loose term, but pretty much in order to get a refund for a Pell Grant, you need to have, less in tuition and fees than what your Pell Grant covers. The way you receive a refund is first, your Pell Grant will come first automatically to the school that you are attending. They will then deduct your tuition and fees and any other applicable charges from your Pell Grants embursement. If at that time you have a leftover amount, the school will then issue you what's called a stipend and they can issue this in a variety of ways. They can issue it through electronic funds transfers, also known as direct deposit. They can issue you a check or they can issue you a debit card and this again depends on what type of school you're going to and what their policies are. If you have additional questions regarding Pell Grant you can visit our website at www.argosy.edu.