disbursement and refunds of financial aid

Anticipated Disbursement Timeline per Semester

Advance Anticipated Disbursement
Book Advance 10 days prior to the start of the semester

 

Award Anticipated Disbursement
Grant Beginning of the third week of classes
Scholarships Beginning of the third week of classes
All Loan Programs Beginning of the third week of classes
Third-Party Payments On-going throughout semester

Anticipated Refunds Timeline per Semester

Refund Anticipated Refund
First round of refunds During the fourth/fifth week of classes
Refunds On-going through semester within 14 days of credit balance

The Office of Financial Aid will continue to process late awards throughout the semester and will transfer these awards to the Bursar as soon as the funds become available. Refunds for excess funding will occur within a reasonable time frame or, in case of excess federal funding, within the time frame established by the federal government.

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