| I authorize Kentucky State University to use my financial aid to pay all outstanding charges on my student account. Financial aid can include loans, grants, scholarships, or other institutional, federal, or state funds. I acknowledge any credit balance remaining may stay on my account unless I claim it. I understand that if I do not claim any credit balance, the University may earn interest on these funds, which will not be paid to me.
I agree that if this aid is not directly credited to my account, I will endorse any financial aid check(s) to Kentucky State University. I will not receive any funds until all charges posted to my student account are paid in full. I understand that completion of this form does not guarantee that my student account will be paid in full. Any balance remaining after disbursement of my financial aid is my responsibility.
I authorize Kentucky State University to use financial aid funds to pay any non-standard charges assessed to my student account. These charges may include, but are not limited to, the following: book charges, library fines, parking fees, late fees, and/or installment plan fees. I also authorize Kentucky State University to transfer any financial aid funds to any past due balances on my student account.
I understand that this authorization will remain active on my account and is valid for as long as I am a Kentucky State University student. I understand that in order to inactivate this authorization I must send a written cancellation to the Bursar's Office at the address listed above. |