Anaconda, Books, and cnn.com: Student Accidentally Receives
 $1M in Financial Aid
 @balleralert
Student Accidentally Receives $1M in Financial Aid - blogged by: @its_sharr ⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀ A South African student accidentally received a deposit of $1 million in her financial aid account and spent more than $60k before authorities realized the mistake. Walter Sisulu University in Eastern Cape province accidentally loaded the massive funds onto the student's financial aid debit card. ⠀⠀⠀⠀⠀⠀⠀ The financial assistant was only supposed to be a $100 stipend for food and books, and was available to the student immediately. However, four extra zeroes were accidentally added to the deposit, quicky turning the student's $100 stipend into a $1 million shopping spree. University officially didn't realize the mistake until another student discovered the young woman's newly found extravagant spending habits and alerted authorities. ⠀⠀⠀⠀⠀⠀⠀ While several media outlets identified the student on social media, university officials have refused to release the student's identity in compliance with South African law. In just a few weeks, WSU claims that the student spent tens of thousands of dollars on miscellaneous items and WSU officials have started examining her transaction records to determine the extent of her shopping spree. ⠀⠀⠀⠀⠀⠀⠀ According to CNN, the student's financial aid account has been blocked and the remaining balance has been retracted. ⠀⠀⠀⠀⠀⠀⠀ "The student will be liable for the money she's already spent," a WSU spokesperson stated. Intellimali, the financial aid company responsible for issuing the cards, has taken full responsibility for the oversight and have put new polices in place to ensure this incident never happens again. ⠀⠀⠀⠀⠀⠀⠀ Intellimali has also appointed an auditor to investigate the incident further and claimed legal action will be taken against the student for the misuse of funds. The South African Parliament also weighed in on the oversight stating, "this is unacceptable that such a grave mistake as this one could occur undetected on money appropriated by Parliament."

Student Accidentally Receives $1M in Financial Aid - blogged by: @its_sharr ⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀ A South African student accidentally received a deposit of $1 million in her financial aid account and spent more than $60k before authorities realized the mistake. Walter Sisulu University in Eastern Cape province accidentally loaded the massive funds onto the student's financial aid debit card. ⠀⠀⠀⠀⠀⠀⠀ The financial assistant was only supposed to be a $100 stipend for food and books, and was available to the student immediately. However, four extra zeroes were accidentally added to the deposit, quicky turning the student's $100 stipend into a $1 million shopping spree. University officially didn't realize the mistake until another student discovered the young woman's newly found extravagant spending habits and alerted authorities. ⠀⠀⠀⠀⠀⠀⠀ While several media outlets identified the student on social media, university officials have refused to release the student's identity in compliance with South African law. In just a few weeks, WSU claims that the student spent tens of thousands of dollars on miscellaneous items and WSU officials have started examining her transaction records to determine the extent of her shopping spree. ⠀⠀⠀⠀⠀⠀⠀ According to CNN, the student's financial aid account has been blocked and the remaining balance has been retracted. ⠀⠀⠀⠀⠀⠀⠀ "The student will be liable for the money she's already spent," a WSU spokesperson stated. Intellimali, the financial aid company responsible for issuing the cards, has taken full responsibility for the oversight and have put new polices in place to ensure this incident never happens again. ⠀⠀⠀⠀⠀⠀⠀ Intellimali has also appointed an auditor to investigate the incident further and claimed legal action will be taken against the student for the misuse of funds. The South African Parliament also weighed in on the oversight stating, "this is unacceptable that such a grave mistake as this one could occur undetected on money appropriated by Parliament."

anaconda
anaconda

anaconda

books
books

books

cnn.com
cnn.com

cnn.com

Food
Food

Food

memes
memes

memes

Money
Money

Money

Shopping
Shopping

Shopping

Social media
Social media

Social media

Taken
Taken

Taken

Ensure
Ensure

Ensure

Financial Aid
Financial Aid

Financial Aid

Never
Never

Never

Responsibility
Responsibility

Responsibility

According
According

According

Been
Been

Been

🤖
🤖

🤖

media
media

media

another
another

another

graves
graves

graves

aids
aids

aids

her
her

her

company
company

company

student
student

student

compliance
compliance

compliance

university
university

university

one
one

one

refused
refused

refused

law
law

law

account
account

account

identity
identity

identity

will
will

will

cape
cape

cape

parliament
parliament

parliament

extras
extras

extras

new
new

new

debit card
debit card

debit card

extra
extra

extra

deposition
deposition

deposition

action
action

action

south
south

south

balance
balance

balance

for
for

for

records
records

records

african
african

african

social
social

social

massive
massive

massive

loaded
loaded

loaded

incident
incident

incident

auditor
auditor

auditor

release
release

release

deposit
deposit

deposit

province
province

province

south african
south african

south african

more
more

more

this
this

this

this is
this is

this is

blocked
blocked

blocked

full
full

full

such
such

such

immediately
immediately

immediately

just
just

just

realize
realize

realize

unacceptable
unacceptable

unacceptable

caped
caped

caped

balleralert
balleralert

balleralert

incidentally
incidentally

incidentally

investigate
investigate

investigate

shopping spree
shopping spree

shopping spree

shes
shes

shes

zeroes
zeroes

zeroes

however
however

however

were
were

were

stipend
stipend

stipend

extent
extent

extent

accountability
accountability

accountability

extravagant
extravagant

extravagant

further
further

further

cards
 cards

cards

card
 card

card

place
 place

place

wsu
 wsu

wsu

grave
 grave

grave

again
 again

again

already
 already

already

mistake
 mistake

mistake

dollars
 dollars

dollars

students
 students

students

accidentally
 accidentally

accidentally

miscellaneous
 miscellaneous

miscellaneous

a-few-weeks
a-few-weeks

a-few-weeks

None
None

None

None
None

None

And
And

And

Accountant
Accountant

Accountant

Claimed
Claimed

Claimed

That
That

That

Legal
Legal

Legal

Financial
Financial

Financial

1 Million
1 Million

1 Million

Walter
Walter

Walter

The
The

The

Its
Its

Its

Has Been
Has Been

Has Been

Weeks
Weeks

Weeks

Few
Few

Few

Quicky
Quicky

Quicky

A 1
A 1

A 1

While
While

While

Spent
Spent

Spent

Didnt
Didnt

Didnt

Caping
Caping

Caping

Carding
Carding

Carding

Was
Was

Was

With
With

With

Tense
Tense

Tense

Found
Found

Found

Socially
Socially

Socially

Laws
Laws

Laws

Have
Have

Have

Appropriated
Appropriated

Appropriated

Four
Four

Four

Aid
Aid

Aid

Foods
Foods

Foods

Student Accidentally Receives $1M in Financial Aid @balleralert Student Accidentally Receives $1M in Financial Aid - blogged by @its_sharr ⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀ A South African student accidentally received a deposit of $1 million in her financial aid account and spent more than $60k before authorities realized the mistake Walter Sisulu University in Eastern Cape province accidentally loaded the massive funds onto the student's financial aid debit card ⠀⠀⠀⠀⠀⠀⠀ The financial assistant was only supposed to be a $100 stipend for food and books and was available to the student immediately However four extra zeroes were accidentally added to the deposit quicky turning the student's $100 stipend into a $1 million shopping spree University officially didn't realize the mistake until another student discovered the young woman's newly found extravagant spending habits and alerted authorities ⠀⠀⠀⠀⠀⠀⠀ While several media outlets identified the student on social media university officials have refused to release the student's identity in compliance with South African law In just a few weeks WSU claims that the student spent tens of thousands of dollars on miscellaneous items and WSU officials have started examining her transaction records to determine the extent of her shopping spree ⠀⠀⠀⠀⠀⠀⠀ According to CNN the student's financial aid account has been blocked and the remaining balance has been retracted ⠀⠀⠀⠀⠀⠀⠀ The student will be liable for the money she's already spent a WSU spokesperson stated Intellimali the financial aid company responsible for issuing the cards has taken full responsibility for the oversight and have put new polices in place to ensure this incident never happens again ⠀⠀⠀⠀⠀⠀⠀ Intellimali has also appointed an auditor to investigate the incident further and claimed legal action will be taken against the student for the misuse of funds The South African Parliament also weighed in on the oversight stating this is unacceptable that such a grave mistake as this one could occur undetected on money appropriated by Parliament Meme

found @ 5057 likes ON 2017-09-05 19:02:08 BY ME.ME

source: instagram

❤️ MEMES? YOU'LL 😍 HOW THEY LOOK ON YOU
VIEW MORE >