Financial Aid Disbursement

Financial aid (grants, scholarships, loans) is applied to all unpaid tuition, fee, and book charges on each student's account six business days after the posted drop/add period ends (The exception to this is work-study wages which are paid to students after every two weeks they work).  Aid overage checks may be picked up in the Business Office (Backes Student Center) according to the posted schedule:

No late charges are assessed to students with enough financial aid pending to cover their bill.  Aid overage checks not picked up are mailed to the student's local address (if one is on file) or to the permanent address, if there is no local address available.

During the semester, new financial aid is applied to accounts twice a week.  Students may pick up aid overage checks on Tuesday and Thursday mornings until noon in the Business Office. Checks are mailed after that time.

Students who do not have enough financial aid in place by the first week of each semester to cover their charges should establish a FACTS Payment Plan prior to the first day of the semester. For more details contact the Business Office.

Book Charging 

Registered students with a COMPLETED financial aid file and enough financial aid (grants, scholarships, student loans) to cover tuition/fees, dorm rent/meal plan and books will be allowed to charge their textbook costs against their financial aid.  After the drop-add period, financial aid will be applied to any outstanding book charges on student accounts.   Eligible students may charge books in the ICC Bookstore (Backes Student Center) during the following dates and times:

Fall Semester 2008

Spring Semester 2009

Hint:  Ask about used books to reduce your costs!