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For
timely receipt of your financial aid you will
need to
sign up for Electronic Direct Deposit (EDD).
EDD permits delivery of your aid (after deduction
of University charges) directly to your checking
account. For
those who do not participate in the Electronic
Direct Deposit Program, your checks will be
MAILED to your permanent address on file.
We will mail checks within five business
days of drop/add date.
To
Receive Your Aid Through Electronic Deposit:
1.
Have a checking account and preprinted checks
in your name with a financial institution
that participates in electronic deposit transactions
- this includes most banks, savings and loan
institutions, or credit unions. Check with
your financial institution for details.
2. Submit or mail a completed
EDD Authorization Form and a voided check
to the Office of Student Accounting.
3. Complete all Federal Financial Aid eligibility
requirements as specified by the Financial
Aid Office, including pre-loan counseling
and loan promissory notes.
4. Ensure that you are enrolled in the
appropriate number of credit hours and
that you have cleared any University or Financial
Aid holds which would prevent disbursement,
before the Official University Drop/Add date.
5. Ensure that the University always has
your current permanent address. To make
any address changes please log on to PAWS or write the Registrar's
Office at the following address:
Office of
the Registrar
Meisler Hall
Room 1100
Mobile, AL 36688-0002
6. Complete only one
EDD Authorization Form at the beginning
of your enrollment at USA, unless you change
your bank or checking account status during
the period you are receiving Federal Financial
Aid.
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