OLOL College

How is TOPS applied to the balance I owe to the Bursar’s Office?

How is TOPS applied to the balance I owe to the Bursar’s Office?

Per regulations, OLOL College bills the state for TOPS payments on the 15th class day for eligible full time students. The funds typically arrive mid-semester and are applied directly to students’ accounts in the Bursar’s Office. Because fee bill payments are due prior to the arrival of TOPS funds, OLOL College places an anticipated TOPS credit on the fee bill for students who have been determined eligible by the state or, in some cases, who have indicated to the Office of Financial Aid that they expect to receive TOPS funding.* Some students who receive an anticipated TOPS credit may be determined ineligible for the TOPS program by the state. These students will be responsible for paying any charges to which the anticipated TOPS credit was applied.

*If you do not see an anticipated TOPS credit on your fee bill, but think you will be receiving TOPS, please contact the Office of Financial Aid.

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