09-18-2020, 01:05 PM
This happened to me; it was a big balance and delayed my application 10 whole months.
COSC requires transcripts from all schools where you have received federal financial aid. So if that school was paid privately, you can leave it off and send it later no problem. Otherwise, you can still apply now, but your application won't be finalized until they receive that transcript.
From the time I paid off my balance, it only took about 72 business hours for the school to clear my hold, send the transcripts, COSC to receive them, and process my application.
COSC requires transcripts from all schools where you have received federal financial aid. So if that school was paid privately, you can leave it off and send it later no problem. Otherwise, you can still apply now, but your application won't be finalized until they receive that transcript.
From the time I paid off my balance, it only took about 72 business hours for the school to clear my hold, send the transcripts, COSC to receive them, and process my application.