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Releasing Financial Aid Funds

Pellissippi State releases financial aid funds one of two ways:

  1. Receive an Electronic Deposit.
    - Create a refund profile and have the funds deposited electronically to your checking or savings account. (Please see steps below on how to setup your electronic refund profile). Note: Electronic refunds are usually processed first.

  2. Receive a check in the mail.
    - Please verify that the college has your correct MAILING address, because having outdated mailing information may increase the time it takes to receive your check.

Pellissippi State no longer releases financial aid checks at the Cashier's window. If you do not set up a Refund Profile, your check will be mailed to your MAILING address on file.

Steps to Setup Electronic Refund Profile

Step 1: Log into your myPellissippi self service account
Step 2: From the welcome page, choose "Fee Payment"
Step 3: Select "Student"
Step 4: Select "Student Account"
Step 5: Select "Account Management Center "
Step 6: Select "Create a Refund Profile" tab
Step 7: Select Payment Profile
Step 8: Under Add a Payment Method, Select "Payment Type-Electronic Check"
Step 9:

Select "Go"
Step 10:

Fill out Bank Account Information and check the box for Refund Options.
Step 11:

Select "Save"
Step 12:

Read agreement and approve using the last four numbers of your college ID number (This is the number that begins with the letter P)

NOTES

  • Pellissippi State will never take money from your account unless you authorize a payment to the college.

  • Set up your refund profile immediately to assure your funds will be deposited electronically.
    - Spring 2010 funds will be released beginning February 3, 2010
    - Summer 2010 funds will be released beginning June 17, 2010

  • To receive your financial aid funds the following criteria must be met:
    1. You must be registered and have satisfactory academic progress by attending classes
    2. Your financial aid must actually be credited to your student account (not a memo/authorized entry)
    3. You must not have any financial aid holds
    4. Your account balance must be a credit balance
    5. If this is your first loan, you must complete the entrance interview

  • Dropping hours could affect your eligible award amount and cause a delay in processing your refund.
Contact with questions:
Cashier (865) 694-6605 Financial Aid (865) 694-6565

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Pellissippi State Community College
Last Updated: October 29, 2009