Disbursement of Aid

Financial Aid will be disbursed after the first day of classes and when:

The student's file is complete.
There are no holds on the file.
Admissions, matriculation and registration requirements have been met.
Federal Perkins and Federal Stafford Loan recipients have signed and returned all required promissory notes and completed a student loan orientation.
All documents (e.g., complete income tax records) have been provided in cases where verification is required.

Final financial aid awards for students who have completed all requirements are electronically transmitted to the Income Accounting Office weekly. When the registration process has been completed and after the first day of classes, the amount of financial aid is compared to the registration charges (tuition, fees, etc.). Either a check or bill will be issued to the student at the address on file in the Registrar's Office. The Income Accounting Office will no longer be mailing out tuition bills. The student must access their tuition bill through their Secured Student Access on the web. Any refund which might result from course cancellation or other registration adjustments will first be considered for return to federal programs before such a refund is made to the student.

Direct Deposit may be set up so that your refund check is automatically deposited into your personal bank account. You can pick up the authorization forms at the Income Accounting Office located in the Student Services Building or at the School of Medicine. We strongly encourage students to set up direct deposit in order to speed up the refund process. Applications must be returned three to four weeks prior to the beginning of the term that you would like the electronic transfer to begin.