Uci when is financial aid disbursed?
1) Must have a completed Financial Aid Application
2) Must be enrolled in classes for the term
3) Completed all of the outstanding financial aid requirements on MyAwards for the money you want to accept
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. 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.
For information regarding financial aid refund availability date, refer to our Important Dates for Undergraduate Students page. For more on this process please see below.
Each 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.). This will appear as Estimated Financial Aid and will pay your outstanding balances. You can view your current balance and previous billing statements online at mybill.ucdavis.edu.
For the most current outstanding balance, check MyAwards. Click on the Check Current Balance button at the bottom of the page.
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. Please be aware there are changes that may affect your financial aid, even after the funds are disbursed.
Students receive their financial aid refund either in the form of a paper check or Direct Deposit (preferred method).
Paper check:
Disbursements begin in September (for fall quarter), January (for winter quarter), and March (for spring quarter). Financial aid disbursements for Summer Session and study abroad and exchange programs may differ. Learn more about Summer Session.
