Financial Aid Disbursement

How Funds are Disbursed

All students are required to sign-up for Electronic Fund Transfer (EFT) for their Federal Direct (Stafford) and Grad PLUS and University funds.  Failure to sign-up may result in the delays and inconveniences associated with mailing.

To Complete this EFT process you must do two things:

1. Go to bosebill.salliemae.com/NetPay/Templates/849/frameset849.html. You will need your MyAccess user ID, your checking or savings account number, and routing number to complete this process.

2. Additionally, you must complete a Student Direct Deposit Request Form.

Direct Deposit of Funds

Direct deposit of financial aid to your bank account is available to all financial aid, including Direct (Stafford) and Graduate Plus Loans! 

* Students must clear all registration holds (e.g., financial aid, student health, student accounting, etc.) and register by the registration deadline for that quarter in order to qualify for direct deposit of funds by the disbursement date.

When Funds are Disbursed

 

Summer Quarter 2012: Financial Aid Disbursement Schedule
Curriculum & Level
Funds Available by

PT 1
June 11
IDP 3, Med 4, Global Health Sci (11-12), CPBR, MEPN, Nursing MidWif 2, Nursing Post Master's (11-12), Pharm 4,PT 2 & PT 3, Other summer session 1 starts
June 18
Med 3
June 25
Dent 3, Dent 4, Dental Hygiene, IDP 4, DPG
June 29
ATCR
July 24
Other summer session 2 starts
July 31

 

Fall Quarter 2012: Financial Aid Disbursement Schedule
Curriculum & Level
Funds Available by

Med 2
August 22
Med 4
August 27
Med 1
September 7
PT 2
September 10
Dent 1, PT 3
September 17
Dent 2, Dent 3, Dent 4, Dental Hygiene, DPG, IDP, Grad Ac, ATCR, Bio-med Imaging, CPBR, Global Health Sci, Med 3, Nursing, Pharmacy, PT 1
September 27

 

Winter Quarter 2013: Financial Aid Disbursement Schedule
Curriculum & Level
Funds Available by

ATCR, CPBR, Global Health Sci, Bio-med Imaging, Medicine, PT
December 23
All Other Programs
December 28

 

Spring Quarter 2013: Financial Aid Disbursement Schedule
Curriculum & Level
Funds Available by

Med 4
March 25
All Other Programs (except Pharm 4)
April 1

Requirements for Disbursement
 

Before Financial Aid Can Be Released:
  • You must accept or decline your awards.
  • You must be registered in the quarter for which funds are to be received.
  • All holds must be cleared.