FAQ - Disbursement

 

 

When is financial aid disbursed?

    If your financial aid is available for disbursement (see requirements section of our disbursement web page), the University Billing Office will begin releasing funds for direct deposit (or mailing checks if you have not set up Direct Deposit in ISIS) for any excess funds on the first day of class for your enrollment period. Disbursement information will be available on ISIS after the first day of the semester.

How is financial aid disbursed?

Financial aid (except Work-Study) is disbursed through the University Billing Office at the beginning of each semester. If you meet all requirements for the disbursement of aid, the University Billing Office will apply your financial aid (except Work-Study) to contracted University charges only (tuition, fees, residence hall room and board costs). Any remaining funds in excess of your contracted charges will be refunded to you. Additional information is available on our disbursement web page.

As the semester approaches, how can I be sure that my financial aid is "ready to go"?

You can use ISIS to keep track of your financial aid. The status of your application (if documents have been received) and your award notification are available on ISIS.

If part of your financial aid package includes loans, check ISIS to see if you need to complete a promissory note and/or entrance counseling. These must be completed before your loan funds will be disbursed. When in ISIS, be sure you select the appropriate session (i.e., Spring 2014, Fall 2014). Click on the heading Student Records. Under the Financial Aid heading, click on Loan Document Status.

Disbursement information will be available on ISIS after the first day of the semester.