Award processStudent Financial Aid - University of 2025

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To check on the status of financial aid being disbursed (paid out) to you or your account, check with your college or career schools financial aid office.
Most colleges send out financial aid award letters around the same time as admission offer letters. However, the timing can vary from college to college depending on factors such as the date that you submitted your FAFSA form and the number of FAFSA forms the college received.
Yoour financial aid award letter will come around the same time as acceptance letters from your schools, typically around March or April. An award letter will include the schools cost of attendance for one year and how much your financial aid package will cover.
The financial aid staff starts by determining your cost of attendance (COA) at that school. They then review your SAI. They subtract your SAI from your COA to determine the amount of your financial need and how much need-based aid you can get.
Your student aid offer will include directions on accepting aid. Follow those directions carefully. You might have to enter the amounts youre accepting in an online form and then submit the form. If you receive a paper aid offer, you might have to sign it and mail it back to the school.
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If youre a first-year undergraduate student and a first-time borrower, you may have to wait 30 days after the first day of your enrollment period (semester, trimester, etc.) before your school is allowed to give you your loan money.

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