Tuesday, January 6, 2015

Book Advances: What You Need To Know

image shows small book shelf with array of textbooks.
Are you expecting a book advance for the upcoming spring semester? As a friendly reminder, the book advance funds are now issued through the Maricopa Student Refund Program (MSRP) and will be issued no earlier than nine business days before the start of a semester.

How is MSRP Different From the Past Refund Process?

In the past, students received payments in the form of paper checks from the Maricopa District Office. As of November 12, 2014, Money Network® will begin processing all student refunds for the Maricopa Student Refund Program (MSRP).

MSRP allows students to choose how they receive payments: direct deposit, Visa prepaid card, or paper check (if you previously designated this option).

Student's Responsibility

  • Opt-in to receive your advance if eligible. Meet all terms and conditions for your financial aid.
  • Spend the money wisely! Use the funds to purchase the required books and supplies for your classes. Remember to review your class schedule in your Online Student Center so you purchase the right materials.
  • If you receive a book advance and are later found ineligible, you are responsible for returning the funds back to your school.
  • If you receive a book advance and decide not to attend school, you are responsible for repaying the amount you received.

To learn more about book advances, please visit My.Maricopa on the web.