Financial aid awards are scheduled to disburse approximately two weeks after your earliest class has begun.
Disbursement only applies to enrolled students who are eligible to receive financial aid and have completed all required steps.
If your earliest start date is prior to the Semester Start Date, disbursement will occur approximately two weeks after the Semester Start Date.
Excess aid (the amount remaining after all tuition, fees, book advance, and any other related charges are covered) will be disbursed through the MSRP process. When you will receive the excess funds will depend on the refund method selected:
Direct deposit (ACH): 3-4 business days
Paper check: 10-14 business days
Book advances will be issued no earlier than ten days before the start date of the term; or no more than ten days before the first day of class for late start classes.
If you do not maintain your original level of enrollment, your financial aid may be reduced and you may incur a debt. This applies to classes you were enrolled in but did not attend, late-start classes you dropped, consortium classes, and classes that are canceled.
Pell Recalculation Date (PRD): A student’s enrollment as of this date and time is what will determine the Pell Grant award. If classes are added after this date/time, Pell Grant cannot be increased.