Donita Polly and Signe Skinion

A system that electronically transfers funds to SIUC students’ accounts allowing students to get their loan checks quickly will be considered at tonight’s Graduate and Professional Student Council meeting, a member says.

Bill Karrow, GPSC president, said instead of the University sending loan checks to students through the mail, it would be faster to have the funds electronically sent to students’ accounts.

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GPSC invited guest speakers Jeff Holder, of the SIUC Controller’s Office, and Pam Britton, director of Financial Aid, to tonight’s regularly scheduled council meeting. Karrow said the speakers will discuss the possibility of providing SIUC students with the electronic funds transfer service.

We are really interested in the information they can give us, he said.

Karrow said other universities in the state have the service, and it would be beneficial to students here.

Anything to get money to the students faster is a good thing, Karrow said.

Britton said the Controller’s Office is in charge of the electronic funds transfer, and she did not want to comment on the service. But she said the Financial Aid Office is in support of it.

Holder could not be reached for comment.

Karrow said GPSC also will vote on spending $700 for a computer to be hooked up to a University web site.

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