General Financial Aid Information

We have outlined the required steps to obtain each type of loan we offered to you on your UO Financial Aid Award Letter. You are advised to review the terms and conditions of each of the loans we offered you so as to make the best financial choice available to you.

Borrowers of the Federal Direct Loan-Subsidized or Unsubsidized

First Time Borrowers

• Accept all or a portion of the loan through your DuckWeb account. See instructions on accepting your financial aid online.
• Complete a New MPN for Student Loans at the Direct Loans Promissory Note web site. You will need your FAFSA PIN to complete this requirement.
• Complete Entrance Counseling at the Direct Loan Servicing web site. You will need your FAFSA PIN to complete this request. 

Continuing Borrowers

• Accept all or a portion of the loan through your DuckWeb account. See instructions on accepting your financial aid online.  

Borrowers of the University of Oregon Perkins Loan

First Time borrowers

• Accept all or a portion of the loan through your DuckWeb account. See instructions on accepting your financial aid online.
• Complete and return your UO Perkins Loan Promissory Note along with the accompanying Rights and Responsibility form. The packet with the note and form will be mailed to you beginning in August by the Business Affairs/Student Loans at the University of Oregon.

Continuing Borrowers

• Accept all or a portion of the loan through your DuckWeb account. See instructions on accepting your financial aid online.

Borrowers of the Federal Direct Parent PLUS Loan

First Time Borrowers or Borrowers that Previously Required a Co-signer or were Denied

• A parent will complete the Federal Direct Parent Loan Application Form.
• The same parent will complete a new MPN for Federal Direct Parent PLUS Loans. The parent will need a FAFSA PIN to complete this requirement. 

Continuing Borrowers

• A parent will complete the Federal Direct Parent PLUS Loan Application Form.

Borrowers of the Graduate PLUS Loan

First Time Borrowers

• Submit a Graduate PLUS Acceptance Form to our office.
• Complete a New MPN for Student Loans at the Direct Loans Promissory Note web site. You will need your FAFSA PIN to complete this requirement.
• Complete Entrance Counseling at the Direct Loan Servicing web site. You will need your FAFSA PIN to complete this request. 

Continuing Borrowers

• Submit a Graduate PLUS Acceptance Form to our office.

Once you have accepted your financial aid make sure you review the Financial Aid Checklist to ensure you have completed the necessary Entrance Counseling and Master Promissory Note requirements for any federal loans you and your parents have accepted.

Disbursement of Financial Aid, Scholarships and Work Programs

All federal financial aid, most scholarships awarded through the university, and all fee waivers awarded by university departments are applied directly to the student billing account at the beginning of each term or once the student has fulfilled the requirements to receive the funds. Disbursements of financial aid and scholarships are divided into three equal installments. 

After current charges on the student's billing account have been paid, any excess financial aid is disbursed to the student through direct deposit into their private bank account. Students authorize the disbursement of their refund to their checking or savings bank account via Direct Deposit by completing and returning the authorization form to the Payroll or Student Loan departments, located on the first floor of Oregon Hall.

If students have questions about their bill, or their direct deposit, please contact Business Affairs Office: Student Services.

You must be eligible for financial aid at the time of disbursement. Your aid may be disbursed once you have met all disbursement requirements. Adjustments to your enrollment level for a term cannot be made after you are paid financial aid for that term. You are responsible for completing the number of credits for which you were paid.

Students may obtain more information regarding financial aid and scholarship disbursement from the Business Affairs Office.

Students will receive money from Federal Work-Study and UO Work-Study Programs as wages for hours worked during the pay period. Paychecks come from the Payroll Department and are generally available the last working day of the month.