Disbursement of Financial Aid

Financial aid funds are awarded for the entire academic year; half of the funds are credited to each semester. An academic year generally consists of a Fall and Spring semester. Aid funds are applied directly to student charges at the beginning of each term, following the published "last day to withdraw with 50 percent tuition credit" date of that term.

Aid from work programs are not applied to student accounts. Instead, students earn a paycheck from The University based on hours worked.

Institutional aid may be used only during the fall and spring semesters and is not available during summer terms or intersessions.

Aid disbursements may be delayed due to missing financial aid documents, verification or enrollment status. Loan entrance counseling, master promissory note and a student refund authorization form are required before federal loan funds can be disbursed. Check your Financial Aid Missing Documents on SpartanWeb or contact the Financial Aid Office with questions.