Credit Balance definition

Credit Balance means the funds remaining and due to a Student after such Student’s loans and other financial aid remittances, including but not limited to Title IV Higher Education Act program funds, have been credited to the Student’s account at School.
Credit Balance in relation to the Card Account means the balance in favour of the Cardmember on the Card Account.
Credit Balance means the amount of E-Money from time to time standing to the credit of your Account.

Examples of Credit Balance in a sentence

  • This can be accessed by clicking Manage Booking tab then Credit Balance and Agency Credit Line link.

  • CREDIT BALANCEIf your financial aid award exceeds your direct costs at the school (tuition, etc.), you will receive a Credit Balance refund.i. Refunds begin to be issued within 14 days after the disbursement date.ii.

  • BSMCON is authorized to retain up to $200 of a Title IV Credit Balance without a Title IV Credit Balance Authorization Form in order to satisfy an outstanding Student Account balance in a prior semester within the Academic Year.

  • A Title IV Credit Balance is created when the amount of Title IV Financial Aid disbursed to a Student Account exceeds charges for Tuition and Fees (or other allowable charges) during a specific Semester.

  • In accordance with Title IV Regulations, Financial Refunds that result from a Title IV Credit Balance are processed within fourteen (14) calendar days from the date that the Title IV Credit Balance was created (i.e. the date that the Title IV Financial Aid was disbursed to the Student Account and applied to posted charges).


More Definitions of Credit Balance

Credit Balance means the amount of monies in Your Account that We owe You; ‘Credit Interest’ means interest You receive on a Credit Balance in Your Account; ‘Currency Account’ means an Account denominated in a currency other than GBP;
Credit Balance means the balance on an Account that reflects a net credit -------------- in favor of the Accountholder.
Credit Balance means the amount of E-Money available in the Customer’s PosoMoney Account;
Credit Balance means any and all sums from time to time standing to the credit of any Account or the total thereof.
Credit Balance means the amount of E-Money from time to time standing to the credit of your Account; 1
Credit Balance has the meaning set forth in Section 6.4(c).
Credit Balance means the sum of the principals of the outstanding debts generated from the comprehensive credit granting used by party A under this contract but not yet repaid. In case of opening of bank acceptance bills, it means the sum of bank acceptance bills already issued by party B under this contract or specific business contract but not yet paid; in case of issuing of letter of credit, it means the sum of letter of credit already issued by party A under this contract or specific business contract but not yet paid, in case of issuing of letter of guarantee, it means the sum of letter of guarantee already issued by party B under this contract or specific business contract but not yet paid.