Disbursem*nt - UTSA One Stop (2024)

The earliest Financial Aid and Scholarships can begin disbursing federal, state and institutional aid is 10 days prior to the first day of class for the fall and spring terms.

Students must meet minimum enrollment requirements as budgeted before aid will be disbursed. You must accept your financial aid offer on your myUTSA Account and have completed any outstanding requirements on your financial aid file before funds will be disbursed to your student account. This includes ensuring you have no financial aid holds. If you estimated your income on your FAFSA, you will be required to update your tax information.

It is vital that you frequently check your UTSA email address and your myUTSA Account. Emails are sent to inform you of updates and notifications of outstanding requirements. You may also check your financial aid status on your myUTSA Account.

If you are a first-time freshman, please note that final high school transcripts must be received and processed by Admissions in order for financial aid to disburse.

Disbursem*nt Dates

The earliest any funds will be disbursed to your student account is 10 days prior to the start of each fall and spring semester. Funds will not be disbursed to your account until you have accepted your offer and you have a complete financial aid file. Provided files are complete and there are no outstanding holds or requirements. Below are the upcoming disbursem*nt dates.

Fall 2024 (16-week & 1st 8-week)Overnight on August 16, 2024
Fall 2024 (2nd 8-week)October 11, 2024
Spring 2025 (16-week & 1st 8-week)January 11, 2025
Spring 2025 (2nd 8-week)March 14, 2025

Note: some funding cannot disburse 10 days prior. You can find more information based on type of financial aid below.

Summer disbursem*nt dates can be found on the Disbursem*nt of Summer Aid webpage.

  • Federal PELL Grant, Federal SEOG Grant, TPEG Grant and Institutional Grants (such as UTSA Grant) – automatic disbursem*nt begins 10 days prior the start of each semester.
  • TEACH Grant – disburses after Census Date of the term (you can find the Census Date on the respective Academic Calendar)

  • Federal Direct Loans – Disbursem*nt begins 10 days prior to the start of each semester. Entrance Counseling and a Master Promissory Note must be completed before disbursem*nts will be issued for student loans. Students must be enrolled for the required number of hours as budgeted before aid will be disbursed.
  • College Access Loans (CAL) -will begin disbursem*nt for the fall semester after September 1st. You will be notified once the funds have been disbursed to your student account.
  • Alternative Loans – automatic disbursem*nt begins 10 days prior the start of each semester if you have completed the 3 disclosures to the borrower regarding their loan application, approval and acceptance status.

  • Scholarships – automatic disbursem*nt begins 10 days prior to the start of classes unless otherwise stipulated by the donor or department. Some outside agency scholarships disburse after Census Date (see Academic Calendar for the Census Date). The San Antonio Education Partnership (SAEP) disburses at the end of the semester.
  • Stipends – Stipends will not disburse if the student does not meet the enrollment or GPA requirements completed on the NOA form. Graduate and Doctoral students are required to be enrolled in a minimum of 9 hours and have a 3.0 GPA. Undergraduate students are required to be enrolled in a minimum of 12 hours and have a 3.0 GPA. Departments will be contacted regarding students not meeting the enrollment and GPA requirements. If you have given prior authorization to release a stipend based on a certain GPA or enrollment (this criteria must be included on the Notice of Award form), we will release the stipend based on your instructions. We will not release the stipend until approval is given.

Work-study is paid based on hours worked on the 1st and 15th of every month

Other Ways to Pay

If you still owe a remaining balance after financial aid has paid, you can opt to use the following options:

  1. Pay entire balance out of pocket with an E-Check or Credit Card
  2. Pay part of your balance with an Installment Plan which divides your remaining tuition and fees into three payments (only available during fall and spring)
  3. Postpone your balance to the end of the semester by completing a Tuition and Fee Loan

  4. Pay your balance with a Third Party Payment (military, Texas Guaranteed Tuition Plan, employer, etc.)
Disbursem*nt - UTSA One Stop (2024)

FAQs

What does disbursem*nt 1 mean? ›

What does disbursem*nt mean? Disbursem*nt means the payment of money. Disbursem*nt is how your financial aid or scholarship award (money) is paid to you.

How long does it take to get a refund from UTSA? ›

Once you see “General Refund Account” on Rowdy Pay, it takes 2-3 business days to receive your refund if you signed up for direct deposit, otherwise it will take 5-7 business days for a check to be mailed. If you owed a prior balance, your refund will be held at Fiscal Services.

Do you get a refund if you drop a class UTSA? ›

In order to receive a 100% tuition and fee refund for your courses, you must withdraw before the first day of classes.

Why did I get a loan disbursem*nt? ›

A portion of a federal student loan that the school pays out by applying the funds to the student's school account or by paying the borrower directly. Students generally receive their federal student loans in more than one disbursem*nt.

How long after disbursem*nt will I get my money? ›

If you have financial aid remaining after the college applies it to your tuition and other required expenses, it will disburse the remainder to you. Schools must issue the remaining amount to you within 14 days unless you authorize your school to keep the money to pay for future charges.

Does disbursem*nt mean I get money? ›

Disbursem*nt–or payment disbursem*nt–is the delivery of payment from a business's bank account to a third party's bank account. The disbursem*nt meaning refers to a range of payment types, including cash, electronic funds transfer, checks, and more.

What are the FAFSA disbursem*nt dates? ›

Students can expect to receive disbursem*nt, if eligible, within 10 days of the start date of summer courses. disbursem*nts occur approximately every 3 weeks throughout the year for students not meeting the Award Notification Dates above. Direct Loan disbursem*nts prior to the 2nd Pell Grant payment.

Do I have to pay back UTSA grant? ›

Grants are gift funds that do not require repayment. A student's financial aid offer will include grant funds whenever guidelines and funding levels permit. Priority for grants is given to students that meet the priority deadline on January 15.

How long does it take to get a response from UTSA? ›

Questions and some documents can be submitted to onestop@utsa.edu by email. Generally, you'll receive a response within 3-5 business days, but during peak season, please allow 8 business days.

What is the 6 drop rule at UTSA? ›

Six-Drop Policy

Under Section 51.907 of the Texas Education Code, “an institution of higher education may not permit a student to drop more than six courses, including any course a transfer student has dropped at another institution of higher education.”

Is dropping a class bad for financial aid? ›

If, after dropping a class, you still have enough credit hours to maintain the enrollment requirement, it won't affect your financial aid eligibility. However, if you fall short of the minimum credit hours required to maintain enrollment, you'll lose your financial aid eligibility.

How long does disbursem*nt in progress take? ›

Disbursem*nts can take anywhere from one day to five days. Three days is a common term for electronic transfers from one consumer's bank account to another's. Often, these are business days/week days, though—so depending on how the dates fall, a three-day disbursem*nt might actually take five days.

Is disbursem*nt good or bad? ›

A positive disbursem*nt happens when you create a credit in an account. Negative disbursem*nt occurs when there's a debit. For example, a business might overpay for a service, then receive a reimbursem*nt of funds. That refund is recorded as a negative disbursem*nt.

Can you cancel a loan disbursem*nt? ›

If you have already received the loan funds, you have up to 120 days after the date of disbursem*nt to cancel all or part of your loan and return the funds yourself to the U.S. Department of Education. Contact your Direct Loan Servicer for guidance on how and where to return your loan money.

What are the two types of disbursem*nt? ›

Types of disbursem*nts
  • Cash disbursem*nts. A cash disbursem*nt is simply the payment of a sum to meet your financial obligations. ...
  • Controlled disbursem*nts. Controlled disbursem*nts are a cash management service provided by banks or financial institutions to businesses. ...
  • Delayed disbursem*nts.
Aug 17, 2023

What is the meaning of number of disbursem*nt? ›

Disbursem*nt is a cash outflow either to make a purchase or for any other transaction. It means paying the money and an actual transfer from one bank account to another.

What is first disbursem*nt? ›

First Disbursem*nt means the first disbursem*nt of funds from the Escrow Account to the Issuer, in an amount not materially exceeding the aggregate of (i) the purchase price and any related transaction costs in relation to the Acquisition of the first Target Company to be acquired, (ii) the amount of any existing debt ...

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