Authorized and Memo Aid on Your Bill
If you have financial aid pending for the upcoming semester/term, please note that the billing statement may reflect this aid as 'Authorized' Financial Aid or as a 'Memo Item'.
If you attempt to enroll in the Monthly Payment Plan, you will see that the payment plan will incorporate all of the financial aid in the plan, both Memo and Authorized aid. In other words, Memo (incomplete aid) and Authorized aid will reduce your balance and the monthly payment amounts will be calculated based on this reduced balance. If the Memo aid is later removed (you decline a loan, for example), your monthly payments will be recalculated and will increase. You would then be sent an email notification that the payment plan amounts have changed.
Please contact Student Accounts with any concerns you may have about the payment plan, eBilling statement, or any other issue regarding your student account.
Please contact the Office of Financial Aid with any questions you may have about completing aid requirements.
