Disbursement of Financial Aid

Disbursement of financial aid is the process in which financial aid awards (scholarships, grants, loans, etc.) are applied to the charges on the students' accounts. Federal and state aid apply first to the charges on the student account, followed by institutional awards and/or any other type of aid or personal paymentsAs this process takes place, students may see changes to their anticipated aid, awards, and charges. It is important to note that due to federal regulations, eligible financial aid disbursements for future quarters will be made between 3 and 10 business days prior to the start of instruction.

Financial aid is posted to student bills on the schedule below. You will not accrue late fees if your aid disburses on time and covers your entire bill. If your aid does not cover your bill, subtract your pending/anticipated aid from the amount you owe and pay the difference by the fee due date.

Note: Financial Aid funds cannot be applied to prior academic year charges. Students must pay charges billed in prior academic years independently from the financial aid disbursement processes.

Dates Financial Aid will Credit Student Bills

  2020-21 Academic Year
Fall September 22, 2020
Winter December 30, 2020
Spring March 22, 2021
Summer Session 1 June 14, 2021
Summer Session 2 July 19, 2021