Disbursement Schedule (revised 11/05/2010)
Your award information may indicate a total Summer/Fall/Spring award. However, the award will be divided into two disbursements per semester as follows:
First Disbursement (Semester)-consists of 1/2 of the total semester award.
Second Disbursement (Semester)-consists of 1/2 of total semester award. If your enrollment status changes your payment will be prorated accordingly.
First Disbursement(s) of awards processed after a scheduled Financial Aid Payday will be processed on the next available payment date.
You may not accept this award if you are receiving financial aid from another school during the same school year/enrollment period. You MUST DECLINE THIS OFFER AND REPORT this information immediately to the Financial Aid Office. Failure to do so will result in immediate repayment of any funds received.
What is an Award Letter?
Receipt of your initial payment is considered an acceptance of the terms and conditions of this award offer. Students with remaining need not met by this offer may request student loan information at the Financial Aid Office. Be sure to update your mailing address with the Admissions Office to insure accurate mail delivery of your financial aid payment(s). Check(s) returned as undeliverable will be remailed to a new mailing address as soon as it is confirmed by the Financial Aid Office to Business Services. Federal Regulation 690.78 Authorizes the school to pay students by check or by credit to their accounts for any unpaid charges of tuition and fees.
If you have questions regarding this process please visit the Financial Aid Office for more information.