2008-2009 Disbursement Process

2008 - 2009 Disbursement Process

Indicated below are our policies for the academic year.  Please read all information thoroughly.

Should you have any questions, comments, or concerns, please contact our office.

 
Disbursement Process:
Scholarships, loans, and Dean’s support funding for each student will be credited directly to the student’s billing account in two equal installments.  If the financial aid award exceeds the cost of tuition and fees, the student will be issued a refund check for the difference.  Checks will be mailed to the address listed with the Registrar’s Office.  Disbursement dates are indicated below.  Students eligible for a refund check should allow 3 to 4 business days from the date of disbursement to receive their check.

 
Disbursement Dates:
The disbursement schedules are based on the student budget duration of 9 or 12 months.  These scheduled dates are developed based on the academic calendar published by the Registrar's Office. 

Federal regulations require that students with a 12-month cost of attendance (budget) may not receive the second half of their financial aid disbursement before the mid-point of the academic year.  To comply with these federal regulations, students with 12-month budgets will have a different spring disbursement date than students with a 9-month budget.  Therefore, please plan and budget accordingly.

9-Month Budgets:

12-Month Budgets:

*Year 1 Medical and Biological Illustration students have an alternate schedule.  Please see below.

12-Month Budgets:

*Fall and spring disbursements for first year Medical and Biological Illustration students are traditionally earlier than that for second year students in that same program due to the early start date as denoted in the academic calendar published by the Registrar's Office.