Navigate Up
This page location is:
  • cmich.edu
    • About CMU
      • University Leadership
        • Finance and Administrative Services
          • Accounting Services
            • AS---Accounting Internal Controls
              • AS---Monthly / Weekly
                • Pages
                  • Financial_Aid_Draw_Reconciliations
Central Link | 
Text Only | Mobile
Central Michigan University Header
Central Michigan University Logo
  • Site
  • Directory
  • Offices A-Z
Go
About CMU
Future Students
Academics
Research
Athletics
Alumni
Giving
About CMU
Learn more about Central Michigan University – an educational institution since 1892.
  • About CMU
  • Institutional Profile
    • - University Mission, Vision and Values
    • - Data and Reports
    • - Diversity at CMU
    • - History
  • University Leadership
    • - Board of Trustees
    • - Office of the President
    • - Office of the Provost
    • - Development and External Relations
    • - Enrollment and Student Services
    • - Finance and Administrative Services
    • - General Counsel
    • - University Communications
    • - Senior Leadership Team
  • CMU Organizational Chart
  • Notable Alumni
  • Locations and Maps
  • Emergency and Safety
    • - Central Alert
    • - CMU Police
    • - Crime Alerts and Data
    • - Emergency Preparedness
  • City of Mount Pleasant
  • Saginaw Chippewa Indian Tribe
  • Careers at CMU
    • - Mount Pleasant Faculty
    • - Global Campus Faculty
    • - Staff
    • - Student Employment
    • - Career Services
    • - For Employers
Future Students
Discover Central. Discover You.
  • Information for Future Students
  • Enrollment and Student Services
  • Apply to CMU
  • Schedule a Visit
  • Request Information
  • Scholarships and Financial Aid
  • Housing
Academics
Explore CMU’s nationally accredited programs.
  • Academic Calendar
  • College of Business Administration
  • College of Communication and Fine Arts
  • College of Education and Human Services
  • College of Graduate Studies
  • College of Health Professions
  • College of Humanities and Social and Behavioral Sciences
  • College of Medicine
  • College of Science and Technology
  • Global Campus & Online
Research
Discover the latest advancements at Central, and explore CMU’s award-winning library services.
  • Faculty Research
  • Student Research
  • Office of Research and Sponsored Programs
  • Libraries
  • CMURC
Athletics
Find out the latest news and scores about Central Michigan University’s athletic teams.
  • CMUChippewas.com
  • Baseball
  • Basketball - Men's
  • Basketball - Women's
  • Cross Country - Men's
  • Cross Country - Women's
  • Field Hockey
  • Football
  • Gymnastics
  • Soccer
  • Softball
  • Track and Field - Men's
  • Track and Field - Women's
  • Volleyball
  • Wrestling
Alumni
More than 200,000 people globally have a CMU degree. Get connected.
  • Alumni Association
  • Alumni Events
  • Gold Membership
  • CMU License Plate
  • Homecoming
  • Notable Alumni
Giving
Help support education.
  • Why Give
  • How to Give
  • Events Center
  • College of Medicine
cmich.edu > About CMU > University Leadership > Finance and Administrative Services > Accounting Services > AS---Accounting Internal Controls > AS---Monthly / Weekly > Financial Aid Draw Reconciliations
Accounting Services
  • Accounting Internal Controls
    • Best Business Practices and Internal Control
    • Bonds - Debt Service
    • Fixed Assets & CIP
    • General SAP
    • Grants Internal Controls
    • Monthly / Weekly
      • Athletic Dealer Vehicles
      • Bank Reconciliations
      • Bank Wire Transfers
      • Deficit Reports
      • Financial Aid Draw Reconciliations
      • Processing Health Care Premiums
      • Reconciliation of Gift Revenues Between Development Reporting and General Ledger
      • Reviewing and Processing Journal Entries
    • Office Controls
    • Year End
  • Budget Model Information
  • Contact Information
  • Cost Center Information
  • Forms
  • Frequently Asked Questions
  • Grant Accounting
  • Miscellaneous Services
  • Policies and Guidelines
  • SAP Information
  • Services
  • Training
  • Year End
  • Facebook
  • Twitter
  • YouTube
  • App Store
  • Play Store
Financial Aid Draw Reconciliations
Page Image
Page Content

Accounting Services performs a monthly financial reconciliation on all Financial Aid Draws and Refunds for Direct Lending and Pell Grants.

Comparisons are made between Financial Aid, Receivable Accounting and the U.S. Department of Education. The reconciliations are designed to find errors or irregularities between the University and the U.S. Department of Education.​

CMU, an AA/EO institution, strongly and actively strives to increase diversity and provide equal opportunity within its community.
Copyright Central Michigan University, Mount Pleasant, Mich. 48859 | Phone 989-774-4000 | Privacy Statment | Legal | Feedback