How do I use my SPC line of credit?

When you checkout, enter your student ID number in the “Financial Aid Book Line of Credit / Textbook Credit” field on the Shipping and Payment screen. When your order is processed (usually within 24 hours) your Textbook Credit will be billed first.

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Considering this, can you use FAFSA money to buy a car?

You cannot use student loans to buy a car. … You also can’t pay for the purchase of a car with financial aid funds. In particular, a qualified education loan is used solely to pay for qualified higher education expenses, which are limited to the cost of attendance as determined by the college or university.

Beside this, do you get a financial aid refund every semester? Generally, your school will give you your grant or loan money in at least two payments called disbursements. In most cases, your school must give you your grant or loan money at least once per term (semester, trimester, or quarter).

In this regard, do you have to pay back financial aid refund?

If you receive a refund from unused federal student loan money, you’re free to keep it, but remember you’re still borrowing that money. You will need to pay any federal loan money refunded to you, with interest, starting six to nine months after you graduate.

Is SPC library open today?

Petersburg College | Locations and Hours | Clearwater, FL Library.

Monday 10 a.m.-6 p.m.
Thursday 10 a.m.-6 p.m.
Friday 12 p.m.-5 p.m.
Saturday 12 p.m.-5 p.m.

What is a non financial aid refund?

Non-financial aid refunds – Fall 2021

Non-financial aid refunds are released approximately ten (10) business days after the Last Day to Drop with a Refund. If a debt is owed to the college, any refund will be applied to that debt; and any remaining refund due will be payable to the student.

What is Book line of credit?

What is a Book Line of Credit (BLOC)? If your financial aid exceeds your tuition and fee charges, you may charge up to $800 in books and supplies using the Book Line of Credit (a short-term, interest-free loan) at campus bookstores. … The BLOC is not the same as the Textbook Credit.

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