Financial Aid Fund Disbursement Policy
When will I receive my financial aid disbursement? Financial Aid will disburse at the beginning of each semester after the drop/add period on the financial aid freeze (census) date.
- Summer 2018: June 13, 2018
- Fall 2018: August 29, 2018
- Spring 2019: January 23, 2019
- Summer 2019: June 19, 2019
If you become eligible for a disbursement after the scheduled date, funds are disbursed daily.
What is a freeze date? It is the date that registration is locked/frozen to determine the amount of aid to disburse. If your registration is 3 credit hours on the freeze date, then aid will disburse for 3 credit hours. If you are later able to increase your registration to 6 credit hours, financial aid will not be increased.
Does withdrawing effect my award? Partial or a total withdrawal from the semester may impact your award and your Satisfactory Academic Progress standing.
I never attended or was dropped from a course after the freeze date, will this impact my aid? If you are withdrawn for lack of attendance during roll verification (-W) or drop a course after the freeze date, your financial aid may be reduced.