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Disbursement of Financial Aid

Disbursement of Financial Aid

The school funding and Scholarship Office credits federal and state aid just prior to the day that is first of for every semester. Pupils needs to be enrolled for the required quantity of hours before help will likely be credited. You need to accept any loans agreed to you during your MySUU Portal, and you also will need to have a finished school funding file before funds is supposed to be credited to your pupil account.

Loans are disbursed prior to the rules regulating the loan that is individual and SUU policy. Federal Stafford, PLUS, and alternate loans will typically be disbursed in the beginning of each the fall and spring terms. Federal loans, as well since many personal loans, need at the very least enrollment that is half-timesix credits for undergraduate pupils, five credits for graduate students).

Your loan funds will likely be electronically placed on your pupil account. The excess amount will be refunded to you by the Controller’s Office if the loan proceeds are greater than your university bill.

Disbursement of funds

Funds will soon be credited to your student account beginning 10 times ahead of the start of each semester, although refunds will never be given ahead of the class day that is first.