Disbursement & Refunds

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 payments. As this process takes place, students may see changes to their anticipated aid, awards, and charges.

Due to federal regulations, eligible financial aid disbursements are applied to your student account no earlier than 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.