did your discover fees ever drop down to 3% on SIS?
i just checked and mine are still 4%. i will probably call discover tomorrow and ask what the deal is.
Just wanted to post my reply to this PM in case anyone else has the same concern.
Mine didn't change yet either. Here's the response I got from Fin Aid last week.
"Discover will inform the University of the proper amount of your loan disbursement. When UVA receives the information, it will adjust your anticipated loan to reflect their non-assessment of the 1% guarantor fee. The loan fee structure had to be set up by the University according to federal regulations. The actual anticipated disbursement is then altered when communication is received from the lender with respect to the actual anticipated disbursement. When the adjustment is made, the anticipated aid on your account will update upon receipt of the actual (not anticipated) funds."
I think this just means that Discover needs to talk with someone at UVA about how much to take out. I just called Discover and the rep. said we can rest assured that they will only take out the % fees they promised on their website at the time of disbursement even if SIS is showing the incorrect fees. They will contact Iris Roberts at UVA again, but the mistake may not be corrected on SIS is in time. However, Discover will direct them as to what fees will actually get taken out.
Hope that helps.