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Disbursement of Scholarships and Financial Aid
FOR FALL AND/OR SPRING SEMESTERS
The first disbursement of aid, for eligible students, will show on student Bursar accounts beginning the FIRST WEEK of CLASSES. Financial aid disbursement is NOT a direct deposit into your bank account.
Generally, all OSU scholarships, grants and loans are credited (disbursed) to your University account with the OSU Bursar’s Office.
New students, and their parents if using the Parent PLUS Loan, should review and answer the two "Title IV Fund Authorization" questions on the Student Portal as quickly as possible, as the answers to these questions can affect the refund from the OSU Bursar's Office.
Once the appropriate charges have been paid, the Bursar's Office will process any refund that may be due to you. Financial aid disbursement is NOT a direct deposit into your bank account. If you have questions about when/how remaining financial aid is sent to your checking account or to you by mail, please contact the Bursar’s Office, 113 Student Union.
Does your enrollment match your award eligibility? Initial financial aid awards for Fall and Spring are based on the assumption of full-time enrollment each semester (12 or more hours each semester for undergraduates and 4 or more hours each semester for graduate and professional students). After the deadline for 100% refund on drop/withdrawal has passed, aid will be adjusted to match actual enrollment, as necessary.
If you do not plan to enroll full-time, you should complete the Financial Aid Enrollment Update Form.
If you have not already completed the Free Application for Federal Student Aid (FAFSA) and plan to do so for the upcoming year, we encourage you to do so now. We continue processing applications all year; however, if you haven't completed the process by July 1, 2018 you are in danger of not having your financial aid paid to your OSU Bursar account by the time your first bill is due September 15, 2018.
If you have any additional questions about disbursement of your financial aid after checking your status online, please visit with one of our counselors or email us at email@example.com.
Subsequent Disbursements: Any subsequent disbursements appear on Bursar accounts on a daily basis.