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 work-study 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.