One Stop
Memoed Aid: This means the financial aid has been officially noted, or "memoed," on a student's billing statement as a credit, but the funds have not yet been paid out. It is an anticipated or temporary credit that reduces the student's overall balance until the actual funds arrive.
How memoed aid works
Awarding: After you have completed your financial aid …
https://wichita.teamdynamix.com/TDClient/3627/OneStop/KB/ArticleDet?ID=168672