Disbursement

Disbursement of Aid

Students whose aid exceeds their educational expenses (tuition, fees, room, board and authorized other charges) are entitled to receive a refund of that excess aid. All aid: scholarships, Federal SEOG, Federal Pell Grant, and Federal Direct Student Loans, are disbursed to the student's billing account to pay for all direct, allowable educational expenses and any excess is refunded to the student. If the amount of aid the student receives is not enough to cover all educational expenses, the student is responsible for paying those expenses. Direct, allowable educational expenses may include tuition, course-related fees, meal plan, student housing (including The Villas) student health fee, graduation fee, course-related supplies/materials, etc.

Refund of excess aid is scheduled throughout the semester. Below you will find the refund schedule and the deadline a student must meet in order to receive their refund on a certain scheduled date. Students are strongly encouraged to sign up for direct deposit to avoid delays and conveniently receive funds.