![]() ![]() Paper checks need to be cashed within 160 days from the date of issue. ![]() Students receive their financial aid refund either in the form of a paper check or Direct Deposit (preferred method). How do students receive their Financial Aid refund? Please be aware there are changes that may affect your financial aid, even after the funds are disbursed. If your Estimated Financial Aid is more than the balance due on your account, the difference will be issued to you as a refund as long as your enrollment status remains the same. If fees are not paid by the applicable fee deadline, for details on the Undergraduate and Graduate drop for non-payment process please visit Drop for Non-Payment & Late Fee Payment Deadline.Īfter Financial Aid is credited to your account.If there is a balance due after your Estimated Financial Aid has been posted, you are responsible for paying the amount prior to the payment deadline.Click on the Check Current Balance button at the bottom of the page. You can view your current balance and previous billing statements online at .įor the most current outstanding balance, check MyAwards. This will appear as Estimated Financial Aid and will pay your outstanding balances. Waitlisted course units do not count as enrolled.Īll other grants and loans disburse each quarter based on enrolled units: Enrollment StatusĮach term, prior to the payment deadline, all authorized aid for the term will be credited to your UC Davis account to pay your outstanding charges to the University (i.e., tuition and fees, on-campus housing, etc.).Once enrolled in 12 units or more your remaining Cal Grant, Middle Class Scholarship (MCS), and/or Pell Grant will disburse.If you are enrolled in less than 12 units you will only receive a partial amount of Cal Grant, Middle Class Scholarship (MCS), and/or Pell Grant.You must be enrolled in a minimum of 12 units (including workload units) in order to receive your full aid eligibility.Meet the policies and conditions for receiving aid as outlined in the Rights and Responsibilities.Check your “Actions Required” on MyAwards and submit all required documentation to Financial Aid and Scholarships.For more on this process please see below. Then, about 10 days before instruction begins, the accepted money is credited or ‘disbursed’ to the account. If a student receives more money than the balance due to the university, the remainder will be given to the student as a refund.įor information regarding financial aid refund availability date, refer to our Important Dates for Undergraduate Students page. Generally, once fees are posted to a student’s UC Davis account for the upcoming term, the accepted financial aid award for the term will ‘authorize’ towards paying the charges. How do I receive my Financial Aid for the term?ġ) Must have a completed Financial Aid ApplicationĢ) Must be enrolled in classes for the termģ) Completed all of the outstanding financial aid requirements on MyAwards for the money you want to accept ![]()
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