Deferments of Tuition & Fees
and Disbursements
After Add/Drop has ended each semester, students' awards are updated,
as needed, based on the number of hours a student is enrolled
for the semester. After this has occurred, disbursement
of financial aid begins and continues each week throughout
the semester.
Check the
Bulletin Boards on myUCF for specific dates and
information regarding disbursement throughout the year.
Deferments
allow for the time lag that normally occurs between the dates
that tuition and fees are due, and the date on which financial
aid disbursements are made. For those who live in on-campus
housing, housing deferments may also be granted if there is enough
financial aid to fully cover the amount of tuition and fees and
housing costs for the semester.
The "Estimated
Financial Aid Deferment", which is listed on a student's
Fee Invoice, is the sum of a student's financial aid awards for
the semester. It does not include the Bright Futures Award, which
is listed separately on the Fee Invoice and has already been subtracted
from the "Amount Due."
If the
amount of the Estimated Financial Aid Deferment is a greater amount
than the "Amount Due" listed on the Fee Invoice, then students
do not have to pay by the Fee Payment Deadline. Rather, when their
financial aid disburses, it will pay off the Amount Due. If for
any reason the student is not eligible to receive their awards
due to not being enrolled in sufficient hours or other eligibility
reasons, then their tuition and fees will become their responsibility
to pay.
Please
note that the amount of the Financial Aid Deferment is an estimate
until after Add/Drop has ended, at which time award amounts are
finalized based on the number of hours a student is enrolled.
Until the end of Add/Drop, the amount is estimated based on a
student being enrolled full time.
If
a student who has already registered for classes decides not to
attend UCF, then that student must officially drop his/her classes
by the end of the Add/Drop period; otherwise, the student will
be obligated to pay the debts and charges owed to the University.