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Fall 2007 Class Schedule

Money Matters: Disbursement Of Financial Aid and Scholarship Funds

 
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Scripps Cottage provides a quite and pleasant place to meet and study

All financial aid and scholarship payments are processed and disbursed by:

University Disbursements Office
Student Services West, Room 2536
(619) 594-6422
disb@mail.sdsu.edu
www.sdsu.edu/sfs

When: Disbursement typically begins during the week before the first day of classes each semester and continues throughout the semester as new awards are processed or changes to awards occur.

How: Direct Deposit is the fastest and safest way to receive financial aid funds.

  • Receive priority when disbursements are made.
  • Choosing Direct Deposit means that your financial aid or scholarship refund (the amount after institutional charges are deducted) may be deposited directly into your personal checking or savings account at your bank.
  • Sign up on line at the Student Financial Services Web Site.

If you do not sign up for Direct Deposit, any funds not used to pay university charges will be mailed to you in the form of a check beginning on the first day of classes or as your financial aid funds become available. Checks are mailed to the address on file with the Office of the Registrar as indicated in your WebPortal account.

How You Will Know: The University Disbursements Office will send you an e-mail notice when we:

  • release your funds to pay university charges of registration fees (and housing)
  • directly deposit funds to your bank account (the quickest way to get your funds)
  • mail a check (if you are not signed up for Direct Deposit, checks are mailed after classes begin)

University Charges: San Diego State University's policy is to apply financial aid and/or scholarship funds directly to charges for the semester's registration fees, residence hall charges, and other institutional expenses (including financial aid overpayments) before releasing funds to students. If you owe money for a previous semester or for a fee that is not normally applied using financial aid funds, you must fill out a form authorizing the University to apply the money owed to any amounts due.

Student Account Services Online: For online payment, billing and account services, log on to Student Account Services on the Student Financial Services Web site. View your "transaction history" to see how your funds were disbursed and applied toward your university charges.

Before funds can be disbursed, you must be enrolled at least half time and you must resolve any financial aid and cashier's holds affecting your aid. For some types of aid, you may need to complete additional information before disbursement of funds.

  • Cal Grant B Access Grant - A student may request that their Cal Grant B Access Grant be disbursed directly to them. This request can be made at any time; however, if the grant has already been disbursed, the request would affect only future payments. The request may be made, in person, to the University Disbursements Office.
  • Federal Perkins Loan - if you are receiving this loan, you are required to complete and sign legal documents prior to disbursement. You can complete all documents and sign the promissory note online. SDSU's billing service, Educational Computer System, Inc. (ECSI) will send you an e-mail notice when your documents are available.
  • Federal Work-Study paychecks are disbursed monthly at the University Disbursements Office based on hours worked the previous month submitted on a timesheet to your supervisor. A pay date schedule is available:
    • on the Student Financial Services Web site - Student Payroll Pay Days
    • from University Disbursements
    • from the Office of Financial Aid and Scholarships
    • from your employer

 

Information on this Web site is subject to change without notice. Every effort is made to ensure that information is current and accurate.