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Bill Clearance
Every semester, during registration periods the Office of Student
Financial Services will assist scholarship and grant recipients
with the bill clearance process. It will provide students with
award letters outlining their funding, and it will update their
scholarship information on the mainframe computers. The Bursar's
Office uses the information from the mainframe computers to
help students negotiate their bill clearance each term.
During the fall semester, a "conditional" clearance is given
to scholarship and grant recipients who are eligible for New
York State 's TAP and/or Federal Pell Grant awards, but who have
not yet to received award certificates. However, by the spring
semester, these eligible students must have actual awards, or
clearance based on the scholarship or grant will not be given.
If a student does not receive the TAP and/or Federal Pell Grant
for which he/she is eligible, the undergraduate scholarship award
will be canceled for that spring semester. If, during the same
semester, the student reimburses the University for the equivalent
of the TAP and/or Federal Pell Grant award not received, the
University scholarship or grant will be authorized.
Financial aid award notices will provide estimates of the student's
eligibility for TAP and Federal Pell Grants. They will also provide
information on the other types of financial aid for which the
student qualifies. The Bursar's Office will consider all forms
of assistance when negotiating a bill clearance with the student.
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