DISBURSEMENT POLICIES FINANCIAL AID DISBURSEMENTS The University Cashiers Office bills you for tuition, required fees, and housing and dining charges, where applicable, through your University account. Your financial aid is disbursed directly into your student account. The account is a part of an automated system that the University Cashiers office uses to manage the billing and payment of tuition and fees, on campus housing and dining, and other miscellaneous charges.
Before your aid is disbursed to your account, you must meet all eligible requirements. You can check the web to confirm that your aid has been disbursed to your account.
Charges are billed to your account each semester. Some charges, such as student health charges, are not eligible to be paid automatically with financial aid. DO NOT IGNORE THESE BALANCES! These additional balances are the responsibility of the student. Charges can be viewed and paid at any time on
OneStop.
Other financial arrangements can be made in advance to pay for all or a portion of the current semester’s tuition and fee charges in installments. For additional information, contact the University Cashiers office regarding the University approved installment payment plan.
Note: Aid is disbursed for a use in a specific term. If your account has charges from a prior term, and you receive aid for the current term, only eligible charges for the current term are paid automatically.
CREDIT BALANCES Any credit balance in your account after all charges owed to the University have been paid will be disbursed to you. Charges added to your account after a credit balance has been issued can be viewed on-line via
OneStop and should be paid immediately to prevent your student account from being flagged. Student account flags prevent registration and the release of transcripts. You should be sure that the University receives your payment by the due date to avoid registration delays and transcript holds.
CHECK PAYMENTS A few private scholarships and loan programs disburse checks instead of crediting to your account. These checks are usually made payable to both you and the University. You will be notified by email that the check has been received and is ready for your endorsement. You must endorse your check before it can be credited to your account. Checks will be held for 60 days before returning them to the sender.
REFUNDS AND REPAYMENTS Changing your registration may reduce or cancel your financial aid eligibility. Before making any changes, you should consult with your Academic Advisor and your Financial Aid Counselor. If you reduce the number of credit hours for which you are registered, you may be required to repay financial aid that you have already received. In this case, you will be notified by email by the Financial Aid office and have a hold placed on your transcript and registration records.
