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Aid Disbursement

The Business Office oversees the distribution of a student's financial aid refund.

CLC now offers the Higher One Card as our method of disbursement.  You have three choices for your disbursement, which you will select when you set up your card.  For more information, please visit our student services department or contact us at 218-855-8031.  Click here to link the My CLC Plus card information.

Here is how it works:

When the Financial Aid Office gets ready to disburse financial aid, the computer system records the number of credits you are registered for and adjusts accordingly any grant eligibility you may have.

Your financial aid (i.e. grants, scholarships or loans) will transfer electronically to your student account.

If there is more than enough financial aid to pay your tuition, fees and any other charges owed to the college a refund for the difference will be distributed to you by the Business Office using one of the three Higher One Card options.
The initial disbursement dates for each semester are on the Important Dates page and located on your official award letter.

You may have to pay back financial aid if either of the following situations occurs:

• A student’s financial aid award will be recalculated for any class in which the student never showed attendance. As a result you may owe tuition and fees after financial aid funds are recalculated. Federal regulations require that a student must show attendance in each class for which financial aid was received.
• A student who receives Federal financial aid and then withdraws from all classes, whether officially or un-officially (just stops attending without telling the CLC Records office) on or before the 60% date of each semester will be required to repay a portion of their financial aid.

 

 

 

 

 

 

 

 

 

 

 

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Last Updated: 2/13/14