All financial aid is disbursed 21 days following the student meeting the necessary enrollment requirement, depending on the type of aid received.
This policy is in place to ensure the proper use and disbursement of aid. It also helps combat potential financial aid fraud.
Definition of Glossary Terms
Disbursement: The process in which the school pays funds directly to the student's school account from either internal or external aid sources, which is different from a refund. Aid sources include scholarships, grants, loans and other aid.