Disbursement Information

Financial aid disbursements will initially be prorated based on units of enrollment. At “census date” financial aid eligibility will be re-evaluated. Your award may be revised based on actual census date enrollment.

Each student has an account showing registration fees, tuition, course fees and payments to the account. Most financial aid will be applied to what you owe the university first and then any financial aid left over will be issued as a refund. Please refer to Student Accounts' Disbursement webpage for more information on refunds and how to set up your refund preferences. You can find instructions for setting up your refund preference here.

Students enrolled and NOT ATTENDING CLASSES must return aid received to the Student Financial Services Office and officially withdraw from those classes.

If you wish to cancel all or a portion of the loans included in a disbursement, (i.e. Federal Stafford, Perkins or Nursing), return the check and provide the Student Financial Services Office with a cancellation request no later than 14 days from the date of the check.

FEDERAL DIRECT LOAN BORROWERS

In addition to the General Information above, refer to the Federal Direct Loan Information Page.

You may receive notification from the Department of Education regarding the delivery of your funds. This will not correspond with the date of mailing by our institution.

All first time Borrowers must complete Direct Loan Entrance Counseling and endorse a Master Promissory Note (MPN) before funds will be disbursed. Both items can be completed at studentaid.gov.

Federal Direct Loan funds may be retained for only 3 business days before being returned to the Department of Education as prescribed by Federal Regulations.

FEDERAL PERKINS / NURSING LOAN BORROWERS

In addition to the General Information above refer to the Federal Direct Loan Information Page.
Perkins Loan Page and Nursing Loan Page.

New Borrowers must complete an entrance interview and sign a promissory note.

New and Continuing Borrowers contact Student Accounts at 559.278.2876 or student_financial_services@listserv.csufresno.edu.