The first point at which your aid can be disbursed is during the registration payment period. Once you have applied your aid and completed the registration payment process, the disbursement of any additional aid will occur in the post-registration period. Below is more information about how to apply your aid to your registration bill and receive your balance checks.

Registration

Your aid is not automatically applied to your registration bill. You must take the necessary steps to apply your aid. If you do not apply your aid and complete the registration payment process, your classes will be dropped. Be sure to check the Schedule of Classes for registration payment dates, deadlines and other important information. To apply your aid online, visit the Registration and Installment Payment page.

Only the aid that has been processed will be available for you to apply to your registration bill. Also, if you have aid in excess of your registration bill, only the aid sufficient to cover your registration charges will be reflected on the Registration and Installment Payment page or the hardcopy registration bill that Student Business Services sends to you.

If your aid is not sufficient to cover the minimum due on your registration bill, you will be required to pay the difference prior to completing the payment process. Any aid you apply to your registration bill will be reflected within twenty-four hours as a registration credit under My Disbursements at My Financial Aid.

Any aid in excess of your registration bill will be sent to you in the form of a balance check or direct deposited (sign up for direct deposit) into your checking account. Remember, it takes approximately five to seven working days to process and mail your balance funds to your local address (view/update your local address) or direct deposit (sign up for direct deposit) them into your bank account after you apply your aid and complete the registration payment process. Also, no balance funds will be sent to you prior to five days before the first day of classes.

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Post-Registration

Once you apply your aid and complete the registration payment process, you may still have a balance (for example, you paid only the minimum due on your registration bill or added a class). Any additional aid you have, when it becomes available, will be credited to that remaining amount. Any aid applied in this manner will be reflected as an installment credit within twenty-four hours under My Disbursements at My Financial Aid.

Any aid in excess of your registration bill will be sent to you in the form of a balance check or direct deposited (sign up for direct deposit) into your checking account. Remember, it takes approximately five to seven working days from the date your aid is applied (i.e., installment credit) to your remaining charges for your funds to be processed and sent to your local address (view/update your local address) or bank account. Also, no balance funds will be sent to you prior to five days before the first day of classes.

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BOT or CAL borrowers

If you are receiving a B-On-Time Loan (BOT) or College Access Loan (CAL), your loan funds will not be available for you to apply to your registration bill until ten calendar days prior to the start of classes—provided your lender has processed and sent us your loan funds.

If you do not know what type of loan you have, you can check your loan type at My Financial Aid.

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Non-EFT Alternative Loans

If your lender does not use EFT (electronic funds transfer), you will have to pick up your paper loan check on the second floor of the JCK Building within 21 days of it first being available (student id required). Be sure to check My Disbursements under Paper Loan Check Disbursements at My Financial Aid to determine when your loan will be available for pick up. Remember, even though your alternative loan funds may be reflected under My Disbursements, we are not—under federal regulations—allowed to release your funds until ten days prior to the start of classes.

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