Applying for and receiving scholarships is a fantastic step towards funding your education at Austin Community College (ACC). Understanding how to properly utilize your ACC scholarship funds ensures a smoother path to achieving your academic goals. This guide will walk you through the essential steps of ACC scholarship use, from application to disbursement and beyond.
Receiving Your Scholarship and Initial Steps
Once awarded a scholarship, ACC will mark it as pending financial aid in your student records. You can view this in your self-service portal. This pending status is important as it can hold your place in your classes, provided the scholarship is sufficient to cover your tuition balance. Keep in mind that for scholarships of $1,000 or more, the funds are typically split evenly between the fall and spring semesters, unless specified otherwise by the donor.
Scholarship funds are generally applied to your ACC student account starting the week before classes commence. If you have already paid your tuition out of pocket, any scholarship funds that are applied subsequently will be refunded to you via BankMobile. It’s crucial to set up your BankMobile preferences to ensure timely receipt of any refunds.
Key Considerations for Tuition Payment and ACC Scholarship Use
It is essential to be proactive about your tuition payments and scholarship status. You are responsible for paying your tuition and fees in the following situations:
- If ACC has not received your scholarship funds at least one day before the tuition payment deadline. It’s vital to monitor your scholarship status and ensure that funds are processed in time.
- If your total financial aid, including scholarships, grants, and loans, does not fully cover your outstanding tuition balance. In such cases, you will need to cover the remaining balance.
To manage your tuition costs, you have options. You can pay the remaining balance in full by the deadline. Alternatively, ACC offers interest-free payment plans to help you spread out your payments over time, making education more accessible and manageable.
Handling Outside Scholarships for ACC Use
Many students receive scholarships from external organizations and donors. If you are a recipient of an outside scholarship intended for Acc Use, these funds must be mailed to the following address:
Austin Community College
Attn: B2P/HLC Business Services
Bldg 3000, Rm 3210
6101 Highland Campus Dr
Austin, TX 78752
To ensure proper processing and ACC scholarship use, please adhere to these requirements when submitting outside scholarship checks:
- Make checks payable to Austin Community College. This ensures the funds are correctly directed to the institution.
- Include a cover letter. This letter should contain your full name, ACC student ID number (or the last four digits of your Social Security number), and any specific instructions for how the scholarship should be disbursed. Scholarships received without clear instructions may be refunded to the student via BankMobile Disbursements after tuition has been paid.
- Write your name and ACC student ID number in the memo section of the check. This helps in accurate identification and application of funds to your account.
- If your donor sends checks that are co-payable to both you and ACC, you must personally take the check to any ACC campus Financial Aid Office for processing.
Enrollment Verification for Scholarship Donors
Occasionally, scholarship donors require verification of your enrollment at ACC to release funds or for their records. You can easily provide this verification by accessing your class schedule or billing statement through Online Services. These documents serve as official confirmation of your enrollment.
By understanding these processes for ACC scholarship use, you can navigate your financial aid effectively and focus on your studies. For any further questions or assistance, please do not hesitate to contact the ACC financial aid department at [email protected].
