Disbursement of financial aid is the process in which financial aid awards (scholarships, grants, loans, etc.) are posted to the student’s account. As this process takes place, students may see changes to their anticipated aid, awards, and charges.
- Disbursement of financial aid funds will begin the week following Drop/Swap & Add and continue each week throughout the semester as students complete and meet all eligibility requirements.
- At the end of the Drop/Swap and Add period, awards are adjusted based on the student’s final enrollment for the term. Students who are less than full-time may have their financial aid award(s) reduced and/or cancelled due to not enrolling in the minimum required hours for the aid program. See Program Eligibility Charts for more information.
- The disbursement process is initiated by posting financial aid funds to the student’s account. Charges appearing on the student’s account will be deducted at that time. Once the process is finalized, students will be able to confirm their disbursement on the myUCF Portal “View My Account.” Students are also notified of the disbursement via email to their Knights email account.
- If charges remain on the student’s account after disbursements, or if subsequent charges are made to the student’s account, it is the student’s responsibility to pay them. To track the awards that have not disbursed, students may view the information on the myUCF Portal “Student Self Service.”