Student Financial Aid
If your financial aid was completely processed by the Office of Student Financial Aid (OSFA) by July 20 or December 20 or April 20, the aid will appear on your July/December/May bill as projected financial aid. As indicated on your bill, the aid decreases the amount you must pay. Review the “Pay This Amount Now” section of your bill to determine how much you must pay, if any, by the due date listed on the bill.
IMPORTANT: If you did not authorize KU to apply financial aid to charges other than current academic year tuition, fees and on-campus housing, you must still pay any other charges by the due date even if your bill projects excess financial aid. Options may be canceled if not paid in full by the due date. If you would like to give KU permission to pay other charges, you may change your response on Enroll & Pay at https://sa.ku.edu > Enroll & Pay > Student Center > View Financial Aid > Accept/Decline Financial Aid. Check “yes” in the “Apply to All” box on Award Package Page 2.
Acceptance of a financial award does not guarantee that your funds will be available on Financial Aid and Scholarship Distribution (FASD). To ensure your financial aid will be available, check your “To Do List” on Enroll & Pay at https://sa.ku.edu > Enroll & Pay > Student Center > To Do List. Complete all necessary steps.
If you have accepted financial aid, decide to cancel your enrollment, you must also submit a written request to the Office of Student Financial Aid (OFSA) to cancel your awards. For additional information refer to the Withdraw/Dropping Information Sheet at www.financialaid.ku.edu.
Financial Aid and Scholarship Disbursement (FASD)
If you have excess financial aid, you may receive a refund by one of the following options:
Direct Deposit into your bank account
You may elect to have all excess aid directly deposited into your checking or savings account. To select this option, please complete the Direct Deposit Authorization Form, available on this website on the main page under FORMS. Deliver the completed form along with a cancelled check to the Bursar’s Office in Room 21 Strong Hall or Room 20 of Carruth O’Leary. There is no fee for using the direct deposit service. Once you sign up for direct deposit, all future excess aid will automatically be transferred to your bank account. You may elect direct deposit online in Enroll and Pay.
IMPORTANT: Contact the Bursar’s Office immediately to cancel or update your direct deposit authorization if you close or change bank accounts, respectively.
Pick up in person
Excess financial aid refund checks will only be available for pick up for FASD. Refer to the Bursars website or Office of Student Financial Aid calendars for specific dates.
Mail
With the exception of FASD, all refund checks are mailed. The check is mailed to the student at their billing address. To update your address, go to Enroll & Pay.
