Financial Aid Bookstore Purchase

Students are able to use their financial aid to purchase books at the campus bookstore as early as two weeks prior to the start of classes. This service is available through the last day to add/ drop (term census date). This year, purchases may be made from August 8 – September 10. Some important things to remember while using this service:

•First, before going to the campus bookstore, make sure all classes are registered and no holds exist on your account. Understand that you may purchase books for later-starting classes at this time as well, as this is the only period each semester when you can purchase books and supplies directly against your available financial aid.

•The next step is to understand what aid is available for your use at the bookstore. The bookstore will show financial aid based on your actual enrollment at that time. Your pending aid, as you see it in your award letter, is based on full-time enrollment of 12 credits; but when it is time to buy books, you are limited to the portion of aid allowed for the classes you are actually enrolled in at the time of purchase.

•You will be asked to sign a release to allow bookstore employees to access your eligible aid figure. Additionally, the maximum you can spend at the bookstore using aid is $1000 if you have this much available aid beyond what is necessary for tuition and fees. There are some limitations to this program. If you are awarded aid but do not have the enrollment to be eligible, you will not be allowed to spend against those funds; if you are awarded “Alternative Loans” or “Plus Loans” you will not be allowed to spend against those funds. In order to use your federal student loans, you must have accepted your loan, completed your Master Promissory Note (MPN) and your entrance counseling for those funds to be available for bookstore purchases.

•It is important to understand that your financial aid is awarded with the expectation that you will successfully complete your classes; aid assists in your ability to be successful. Any changes in enrollment can impact your financial aid and the funds you have available for bookstore purchases. If you have any questions or concerns, contact the Financial Aid Support Center at 855-323- 3199.

6 thoughts on “Financial Aid Bookstore Purchase”

  1. Do you know if we can use scholarship money we receive on textbooks. I have been using scholarship matching sites like fastweb.org and http://collegewhale.com/ and have won a scholarship. Ill be attending NOVA next year, can I use this money on textbooks?

    Thanks

    Jack 🙂

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