Will
my accepted Financial Aid be credited towards my charges on my bill before it
is paid to my student account?
Financial Aid that
has been accepted will be credited to your bill only when all necessary
requirements for those funds have been completed. We recommend that all
students regularly review their “Unsatisfied Requirements” in the Financial Aid
Status section of their USFConnect account to ensure that their financial aid
will be properly credited towards charges and paid to their student account.
My Financial Aid
Award Offer says that I have unmet eligibility. Is that what I will owe USF?
No.
Compare your accepted financial aid to your tuition (tuition = anticipated
yearly units multiplied by per unit rate or
use your fixed cohort rate, if applicable). If your aid is less than the
tuition, then the difference is the amount you owe.
Is
my Financial Aid Offer also a bill? If not, when will I receive a bill from
USF?
No,
the Financial Aid Offer is NOT a bill and does not indicate actual
charges owed. You will not receive a bill until after you are registered for
classes. Once you are registered for classes, tuition is due. You will not
receive a paper bill. The billing statement will be sent to your USFConnect
email account. USF students can create Authorized Payer profiles (usernames and
passwords) through Ebill & Epay in USFconnect which allows parents,
spouses, and others to receive bill notifications, view bills and make payments
online.
When
is my financial aid going to be paid to my account?
At the beginning of
each semester and once you have met all the requirements for disbursement, your
aid will be paid to your USF Student account. Requirements include returning
your award notice, completing verification, enrolling for the number of units
you anticipated when you applied for aid and completing the Loan Entrance
Counseling workshop. In addition, any specific information or documentation
requested from you must be provided before disbursement can take place.
I'm expecting to
receive a refund from my financial aid. How will I receive these funds?
Credit
balances created by federal student aid are refunded by check unless a
student’s Direct Deposit information is provided on the completed Direct Deposit Authorization Form which is submitted by the student to Student
Accounts. In general, your refund will be available within 14 days of
disbursement of financial aid into your student account.
When
do I apply for financial aid for the next academic year?
If
you will be enrolled in Fall 2012, Spring 2013, and/or Summer 2013, beginning
January 1, 2012 you may complete a 2012/2013 renewal FAFSA at www.fafsa.gov to be considered for financial
aid for the 2012/2013 academic year.
Additional
questions?
Contact
the Financial Aid Office at (877) 830-4687 or email onlinefinaid@usfca.edu
