Revdex.com:
I have reviewed the response made by the business in reference to complaint ID [redacted], and have determined that this proposed action would not resolve my complaint. For your reference, details of the offer I reviewed appear below.
Regards,
[redacted]
The amount provided on the attached ledger is correct however, this amount is not correct on the "Treatment of Title IV Funds When A Student Withdraws From A Clock Hour Program" In box B, the total disbursed that is in this box is $2,723, ($990.00 unsubsidized, and $1,733.00 subsidized) This amount in incorrect. There were a total of 2 loans disbursed and this amount should be $5,446.00 disbursed due to the disbursements on 5/7/2013 and 8/9/2013 each being $2,723.00.
Attached is a copy of Ms.
[redacted]s student ledger. There were no additional disbursements of any Title
IV funds after 08/09/2013. Federal funds are posted to the student accounts via
electronic posting and not able to be posted by the institution for security
measures. Any additional funds expected on the account were canceled at the
time of the withdrawal calculation. The withdrawal calculation submitted is
correct and confirmed by both the outside agency that performs the calculations
and by independent auditing teams.
Sincerely,
[redacted]
Owner
PJS College of Cosmetology
Revdex.com:
I have reviewed the response made by the business in reference to complaint ID [redacted], and have determined that this proposed action would not resolve my complaint. For your reference, details of the offer I reviewed appear below.
Regards,
[redacted]
The amount provided on the attached ledger is correct however, this amount is not correct on the "Treatment of Title IV Funds When A Student Withdraws From A Clock Hour Program" In box B, the total disbursed that is in this box is $2,723, ($990.00 unsubsidized, and $1,733.00 subsidized) This amount in incorrect. There were a total of 2 loans disbursed and this amount should be $5,446.00 disbursed due to the disbursements on 5/7/2013 and 8/9/2013 each being $2,723.00.
Attached is a copy of Ms.
[redacted]s student ledger. There were no additional disbursements of any Title
IV funds after 08/09/2013. Federal funds are posted to the student accounts via
electronic posting and not able to be posted by the institution for security
measures. Any additional funds expected on the account were canceled at the
time of the withdrawal calculation. The withdrawal calculation submitted is
correct and confirmed by both the outside agency that performs the calculations
and by independent auditing teams.
Sincerely,
[redacted]
Owner
PJS College of Cosmetology