1) PAY FOR ALLOWABLE CHARGES
I authorize AIC to apply my current federal student aid to pay prior-year charges other than tuition, fees, book vouchers and room & board. The prior-year charges may not exceed $200.
2) USER FEDERAL AID TO PAY PRIOR-YEAR CHARGES
I authorize AIC to hold any federal student aid credit balances on my student account until the end of my academic year. If I do not grant this authorization, AIC must pay me any federal student aid credit balance within 14 days of when the credit balance occurs or 14 days after the beginning of the semester (whichever is later).
3) HOLD CREDIT BALANCE
* Regardless of authorization, AIC must pay any remaining balance on federal loan funds by the end of the loan period and any other remaining federal program funds by the end of the year for which they were awarded.
Electronic Signature Consent
By selecting the 'I Accept' button, you are signing this document electronically. You agree your electronic signature is the legal equivalent of your manual/handwritten signature on this document. You further agree that your signature on this document (hereafter referred to as your "E-Signature") is as valid as if you signed the document in writing. You also agree that no certification authority or other third party verification is necessary to validate your E-Signature, and that the lack of such certification or third party verification will not in any way affect the enforceability of your E-Signature or any resulting agreement between you and the American International College. You are also confirming that you are the student authorized to provide the data in this document. By electronically signing documents, you agree to all the terms and conditions of such documents as they exist on the date of your E-Signature.
Student Signature (Type in your legal name)