Tuesday, August 2, 2011

New Options for Purchasing Books Fall 2011

Introducing New Options for Purchasing Books and Supplies 

The Book Advance Program, a fast and convenient way to pay. 

Starting this fall, the Maricopa Community Colleges are giving students eligible for financial aid, including scholarships, new choices regarding the purchase of books and supplies.

A new process, which will replace the current book voucher program, will provide cash advances of financial aid awards to eligible financial aid recipients. Now students will be able to purchase books and supplies with their advances at the on-campus bookstore, at neighborhood bookstores, or online.

Our new financial aid distribution system will be up and running in time for the fall 2011 semester.  The Maricopa Community Colleges will provide eligible students - those who qualify based on their individual circumstances - with up to a $600 advance.

The same method used to distribute financial aid balances, the
Maricopa Student Refund Program (MSRP), will be used to distribute these advances. 

Students will select their preferred method of payment at Citi Financial Services:

    * a prepaid debit card
    * direct deposit to a bank account of the student's choice
    * a check

Once the student selects their preferred method and the funds are disbursed, students will be free to purchase books and supplies wherever they choose.

Please watch for future emails that will provide more details on this exciting new process.

What is it? 

Your book advance will be automatically deposited directly into your existing bank account, loaded to a personalized Visa prepaid debit card issued by Citi, or a check will be mailed to the address you have on file with Citi. No bank account or credit check is required to obtain the stored value Visa debit card through Citi.

How do I use the card?

If you select the stored value Visa debit card, it will allow you immediate and flexible access to your funds, including millions of Visa locations worldwide, ATM's, and cash withdrawals at banks.

What are the benefits of the card?

    * Immediate funds access
    * Purchasing power
    * Greater convenience
    * More secure than cash
    * Better control over funds
    * Enhanced communications
    * 24/7 customer service
    * No need for a bank account

You will also have access to secure online account management tools at www.prepaid.citi.com/mcc.

For more information on MSRP, go to www.my.maricopa.edu/refund.

If you are a student eligible for a book advance, look for notices in your Maricopa email account and message center (my.maricopa.edu) with more information

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