BAPP Overview (see below for details)
To utilize BAPP you must have the following:
What is BAPP? The Bookstore Advance Payment Plan (BAPP) is a program that will allow qualified student to use their excess authorized financial aid at the University Bookstore to buy textbooks and school supplies prior to the date that financial aid will be released to students.
What is excess aid? Excess authorized aid is the aid that will be available after all university fees are paid.
When will BAPP be available?
|Matriculation Level||Starting Date||Ending Date|
|Undergraduate||May 14, 2013||May 23, 2013|
|Graduate||May 14, 2013||May 23, 2013|
|Law||April 30, 2013||May 10, 2013|
Why would I want to use the BAPP? This time period is and will allow these students to buy early and be prepared for class, while being able to take advantage of lower priced used textbooks when available.
How do I qualify? You will qualify if your excess aid is at least $300 and you have a Title IV authorization on file.
How do I sign up? You do not need to sign up. Excess aid between $300 and $1,300 will be transferred to the plan automatically.
Can I decide how much I want to transfer to the plan? No. Excess aid between $300 and $1,300 will be transferred to the plan automatically.
How do I use the money to buy my books and supplies? You will access these funds at the University Bookstore using your student ID card through a fund called “Bookstore Fin Aid Advance.” For The University Bookstore hours of operation, please visit their website located here.
Where can I buy my books? This advanced fund may be used only to purchase textbooks and school supplies and may be used only at the University Bookstore. Please Note: Law and Lambuth students can utilize BAPP at their bookstore on their campus and at the main campus bookstore.
How do I know how much is available on the “Bookstore Fin Aid Advance?" Log on to your Campus Card account during the dates listed above. Your BAPP funds will be visible under “Your Card Transactions” as “Bookstore Fin Aid Advance” and amount will be indicated under “Current Balance.” Please Note: The posting of the “Bookstore Fin Aid Advance” is not an automatic process. It may take up to 24 business hours after your authorized aid has been posted to your U of M account to be available at the bookstore.
What if I choose not to take advantage of the Bookstore Advance Payment Plan? BAPP is not mandatory. If unused, your excess aid will be refunded by direct deposit (if you have signed up) or a check will be mailed to you following the normal refund schedule.
What if I add or drop classes or move into the dorm or lose my aid? Available “Bookstore Fin Aid Advance” may be adjusted due to subsequent changes in your account.
What if I make adjustments to my account and I’ve already spent the money at the bookstore? At the end of the period listed above, a charge will be placed on your U of M account for the amount that you charged at the bookstore. When financial aid is released to pay your tuition and fees, the bookstore charge will also be paid. If the aid is not enough to pay the bookstore charge due to reduction in aid and/or added classes or other new charges, then you will be liable for payment of the bookstore charge and you will have a Bursar financial hold placed on your account until your account is paid in full.
How do I know how much is available on the “Bookstore Fin Aid Advance?" You can log on to TigerXpress through myMemphis portal and look at “Quick View.” Negative amounts indicate excess aid, so if your balance is a negative $300 or more, then you may have funds available for the advance. If the amount were $-450, then there would be $450 available on the fund. If the amount were $-175, there would not be any funds available at the bookstore. The maximum amount placed on the plan is $1300.Please Note: The posting of the “Bookstore Fin Aid Advance” is not an automatic process. It may take up to 24 business hours after your authorized aid has been posted to your U of M account to be available at the bookstore. If you have questions about your U of M account status, please check TigerXpress through your myMemphis portal. For information on excess financial aid/scholarship refunds, please visit http://bf.memphis.edu/finance/bursar/financial-aid.php.