When is my fall/spring aid going to disburse / refund?

Published 11/10/2005 04:18 PM   |    Updated 09/16/2014 10:32 AM

It is important to understand that there is a difference between disbursement and refunds and they occur at two different times.

Disbursement = when your financial aid is sent to Student Accounting to pay your bill.
Refund = when Student Accounting processes and sends your refund.

Disbursement Problems?
  Read more information on issues that may prevent your financial aid from disbursing.

Timeline of events before the semester starts

Federal Regulations state that financial aid must wait until 10 days before the start of the semester (Fall then Spring) to begin disbursing money to pay your account. Student accounting will then begin the refund process. Student Accounting states that refunds will be completed by the end of Regular Registration.

Timeline of events during the semester

Financial aid loans, grants and scholarships are posted to student accounts on a daily basis. Any amount owed on the student account is deducted from financial aid before a refund is processed. Refunds are processed daily during registration periods and normally each Tuesday and Thursday during the remainder of the semester. Students having refunds processed during Fall & Spring registration periods should expect to see their refund by the last day of Regular Registration.

How to check the status of your refund

Please read our detailed instructions on how to check your refund status on myUNT.

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