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DISBURSEMENT SCHEDULE
Financial Aid Disbursement Policy

Financial Aid awards from all programs will be disbursed (i.e., posted to student accounts) weekly beginning with the end of the drop/add period of each term. Financial aid funds shall be posted to student accounts in the following order:

  • Michigan Tuition Incentive Program Award
  • Michigan Competitive Scholarship
  • Federal Pell Grant
  • Federal Supplemental Educational Opportunity Grant
  • Federal Stafford Loan (Subsidized)
  • Federal Stafford Loan (Un-Subsidized)
  • Other State Awards
  • Other Third-Party Scholarships
  • Waivers (Exemptions)
Attendance Verification

The Department of Education requires the verification of attendance prior to the disbursement of any federal funds. Until attendance is verified for a student, no financial aid will be disbursed.

Disbursements and Refunds

Disbursement of financial aid funds to student accounts for the Fall semester begins September 4, 2013. Subsequent disbursements will occur weekly. Financial aid refunds are mailed 14 calendar days after the disbursement to your student account. To check the status of your financial aid award, disbursement(s), and refund check(s) log on to WEB GATE.

Disbursement is a process that authorizes financial aid funds. This process takes place every Wednesday. Once the disbursement process occurs, refund checks to be mailed 14 days following the date the funds post to your student account. Review your Web Gate account for award and refund information.

 
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