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<p class=MsoNormal>Good Morning!<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>We are thinking about implementing a Campus E-Card on our
campus. This card would allow students to use financial aid funds to purchase
text books in the bookstore, purchase food and drinks on campus, use our
printing services, etc. Our initial thoughts are to collect the student’s
authorization to apply Title IV aid to the campus card including a dollar amount
which will work similar to a pre-paid credit card. As we have been discussing
how this would be implemented, it has raised a few questions. <o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>If we allow the student to authorize the college to allocate
Title IV funds to their campus card, can we…<o:p></o:p></p>
<p class=MsoNormal> Allow the student to carry a credit balance
of Title IV aid (on the card not the student billing account) so they can use it
throughout the semester?<o:p></o:p></p>
<p class=MsoNormal> If the student decides they want their
credit balance refunded to them, is it acceptable to charge a fee?<o:p></o:p></p>
<p class=MsoNormal> If the card expires (due to non-enrollment),
is it acceptable to keep the remaining funds or does this need to be refunded
back to the student?<o:p></o:p></p>
<p class=MsoNormal> Are all or part of the charges/allocation subject
to the R2T4 calculation if the student withdraws?<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>If anyone has experience or knowledge regarding a campus
card or similar process I would greatly appreciate hearing from you. If you can
direct me to any regs that support your responses that would be wonderful! <o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Thank you in advance!!<o:p></o:p></p>
<p class=MsoNormal>Karen <o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><span style='font-size:12.0pt;font-family:"Lucida Calligraphy";
color:navy'>Karen Jeffers</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Times New Roman","serif"'>Director
of Financial Aid</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Times New Roman","serif"'>Redlands
Community College</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Times New Roman","serif"'>1300
S. Country Club Road</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Times New Roman","serif"'>El
Reno, OK 73036-5304</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Times New Roman","serif"'>Office:
405-422-1442</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Times New Roman","serif"'>Fax: 405-422-1239</span><o:p></o:p></p>
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