How Financial Aid Pays
Financial aid for a semester can only be used to pay charges for that same semester. For example, spring aid cannot be used to pay for fall past-due fees. Your financial aid is applied to your charges in this order:
- Tuition and fees for the current semester
- On-campus housing and meal plan charges
If there is a balance remaining after the above charges are paid, you will receive a refund via check or direct deposit. You can use the refund to pay other expenses like late fees, off-campus housing, books, parking, Health Center charges, health insurance, or tuition at other schools.
Refunds
The Student Financial Services Office issues all refunds if you have enough aid at the time of disbursement to pay your semester charges. After your aid is disbursed, refunds will take up to 3-5 days for a direct deposit to your bank account, or 5-7 days for a check mailed to you.
Payment Deadlines and Late Fees
You are responsible for making tuition payments by the published fee payment deadline each semester. Missing payment deadline results in a one-time $50 late fee with ongoing late fees of 1.75% of the balance assessed per month. Please visit the Student Financial Services page for more information about late fees and payments.
You are responsible for any late fees are charged due to:
- Late application
- Late To-Do completion
- Late aid acceptance
Will you owe money or receive a refund? Plan ahead with the Bottom Line Estimator.
Note: You can stay enrolled in classes even if you have an owing balance, but you won’t be able to register for future semesters.