Answer
This document tells Herzing how you would like us to use your federal aid. Keep in mind that you can change your answers at any time.
In some cases, a credit (more funds than what is needed for tuition and fees) can appear on your student account, and your answers on this form tell us what you would like us to do with that credit.
Answering "Yes" to these questions allows Herzing to apply a credit that may occur on your student account towards certain future charges. It will not affect your stipend, it will just prevent a potential payment plan. It also allows Herzing to reduce your overall loan balance by returning federal loans no longer needed due to a schedule change or revision back to the lender. This will reduce your overall loan debt.
Answering "no" to the questions tells us that you wish us to send any credit back to you, regardless of any future charges. This option may require additional loan funding or a payment plan in the future to pay for uncovered charges.
In some cases, a credit (more funds than what is needed for tuition and fees) can appear on your student account, and your answers on this form tell us what you would like us to do with that credit.
Answering "Yes" to these questions allows Herzing to apply a credit that may occur on your student account towards certain future charges. It will not affect your stipend, it will just prevent a potential payment plan. It also allows Herzing to reduce your overall loan balance by returning federal loans no longer needed due to a schedule change or revision back to the lender. This will reduce your overall loan debt.
Answering "no" to the questions tells us that you wish us to send any credit back to you, regardless of any future charges. This option may require additional loan funding or a payment plan in the future to pay for uncovered charges.