Form Opens: Wednesday, June 2, 2021
Form Closes: Friday, July 9, 2021 (Extended. Close date TBD)
Eligibility: Students who are eligible will be notified by email. Do NOT complete this form if you did not receive the Pre-Authorized Funds email or have been notified by an official AIC representative that you are eligible to complete this form.
Funding Criteria: AIC prioritized undergraduate students with the greatest financial need by reviewing HEERF II eligibility, FAFSA EFC (Expected Family Contribution, and students with current account balances over $1,000 who exhausted all their financial aid options. AIC is providing a larger amount of funding to students with the most need.
Eligibility: Students who are eligible will be notified by email. Do NOT complete this form if you did not receive the Pre-Authorized Funds email.
Benefits of Applying HEERF II funds to your student Account:
- Tax Benefits: Students who chose to have the funds applied directly to their student account may be able to use the payment to qualify for Education Benefits when the 2021 federal taxes are filed. The funds will be considered as a payment for the 2021 1098-T tax forms and families may qualify to apply for the Lifetime Learning Credit or the American Opportunity Credit.
- Student Accounts Holds: If you choose to apply the HEERF II funds to your account:
- Full-time (standard rate or professional rate) undergraduate students: Hold threshold will be increased from $2,500 to $5,000
- Part-time undergraduate/non standard programs students: Hold threshold will be increased from $1,000 to $2,000
Form Submission: Form may only be submitted once. Please allow 7-14 business days for processing.