Your aid status, excess funds, and disbursement timeline.
Estimated Excess Funds
$1,108.00
Via direct deposit by Jun 16, 2026
Current Status
University is awaiting financial aid disbursement(s)
Federal aid must be received and applied to your account before eligible excess funds can be processed.
Disbursement Progress
Excess Funds
$1,108.00
Estimated · Direct Deposit by Jun 16, 2026
Step 1 of 4 · In Progress
University awaiting federal aid disbursement(s).
Next Step
Processing Financial Aid
Pending federal disbursement receipt
Step 2 · Pending
Aid applied to account before excess funds can be issued.
Issuance
Excess Funds Issued
Anticipated · Jun 16, 2026
Step 4 · Not Started
Funds issued via direct deposit upon completion of all steps.
Note: The University is awaiting federal financial aid disbursement(s). These must be received and applied to your account before any eligible excess funds can be processed and issued.
Excess Funds
About Your Estimated Excess Funds
Excess funds represent the portion of your financial aid that exceeds your direct institutional charges — such as tuition, fees, and on-campus housing — for the current term.
Your estimated excess of $1,108.00 will be disbursed via direct deposit once all prior steps are completed. The anticipated date is Jun 16, 2026, though this may shift based on federal disbursement timing.
Ensure your direct deposit information is up to date in your student portal to avoid any delays in receiving your funds.
Next Step
Processing Financial Aid Disbursements
Before excess funds can be calculated and issued, the university must first receive and post all federal financial aid disbursements — including Pell Grants, subsidized and unsubsidized loans, and any other federal awards — to your student account.
This step is currently pending and will begin automatically once the U.S. Department of Education releases your aid to the institution. Processing typically takes 1–3 business days after receipt.
No action is required from you at this stage. You will be notified when your aid has been applied.
Issuance
How Excess Funds Are Issued
Once your financial aid has been received and applied to your account, and any eligible excess has been calculated, the university will initiate disbursement of those funds directly to you.
Funds are issued via direct deposit to your bank account on file. The anticipated issuance date is Jun 16, 2026. Direct deposits typically post within 1–2 business days of initiation.
If you have not set up direct deposit, please log in to your student portal and navigate to Financial Settings to add your banking information as soon as possible.
1
Current Step · In Progress
University is Awaiting Financial Aid Disbursement(s)
This is your current step. The university is waiting to receive your federal financial aid disbursement(s) from the U.S. Department of Education.
Federal aid — including Pell Grants, Direct Loans, and other awards — must first be transmitted by the federal government before the university can post them to your account or calculate any excess funds.
No action is needed from you at this time. This step advances automatically once federal funds are received by the institution.
2
Pending
Processing Financial Aid Disbursement(s)
Once the university receives your federal aid, it will be applied directly to your student account to cover outstanding charges such as tuition, fees, and on-campus housing.
This step typically takes 1–3 business days after the university receives the funds. You will receive a notification once your aid has been posted to your account.
This step is currently pending and will begin automatically after Step 1 is complete.
3
Not Started
Processing Excess Funds
After your financial aid has been applied to your student account, the university will calculate any remaining balance that exceeds your direct institutional charges.
This remaining amount — your excess funds — is then prepared for disbursement to you. The estimated excess for your account is $1,108.00.
Processing excess funds typically takes 1–2 business days and will begin automatically once Step 2 is complete.
4
Not Started
Excess Funds Issued
This is the final step. Once your excess funds have been calculated and cleared, the university will initiate disbursement directly to you via direct deposit.
The anticipated issuance date is Jun 16, 2026. Direct deposits typically post to your bank account within 1–2 business days of initiation.
Please ensure your direct deposit banking information is current in your student portal to avoid any delays in receiving your funds.