Eligible students receiving VA education benefits may receive a cash advance through their My Payment Plan account. The maximum amount of such advance is half the applicable regular VA monthly housing allowance for the term at issue. Each eligible student may receive only one such advance per term. Advances will not be paid to students until after the first week of classes. Advances will not be permitted after the University receives the first payment of VA education benefits for the term. Students receiving advances must repay such advances (plus interest) pursuant to the terms and conditions of their My Payment Plan accounts.
To be an “eligible student”, a student must:
Students may apply for a VA education benefits cash advance by completing a VA Education Benefits Cash Advance Application and submitting it to the University’s Office of Veteran Student Services. The Office of Veteran Student Services will review the application, request and review additional information or documentation as appropriate, and determine whether to approve or deny the application. If denied, the Office of Veteran Student Services will notify the applicant of the decision. If approved, the Office of Veteran Student Services will notify the applicant and the University’s Office of Financial Services of the decision; and the Office of Financial Services will make appropriate arrangements to issue the cash advance to the student. The applicant may appeal the Office of Veteran Student Services decision by submitting a written appeal to the Associate Vice President for Enrollment Management within 14 days after receiving the decision.
This policy is intended to establish a process by which eligible students receiving VA education benefits can obtain funds from the University to provide for post-secondary educational expenses before the VA issues payment of education benefits to the University for the students.
This policy affects the Division of Student Affairs and the Office of Financial Services.
Responsible administrator and office: Vice President of Student Affairs; Office of the Registrar
April 1, 2013
Presidential approval: April 1, 2013