How Financial Aid is Disbursed

Financial aid is paid out in two disbursements, half for the fall semester and half for the spring semester. If you are borrowing loan money for one semester the loan will still be made in two disbursements.

If you are a first time loan borrower or new to WVU you must complete Entrance Counseling and sign a Master Promissory Note (MPN) before your loans can be disbursed (view details in the Requirements section of this website).

Please note that in most instances, there is an origination fee which is taken from your loan at the time of disbursement.

If all requirements for receiving aid have been met, most financial aid will disburse into the student’s WVU “student account” about one week before the start of each semester; however, some types of assistance coming from sources outside WVU (some state assistance and private scholarships) may be late in arriving. Students who are enrolled in online or extended learning classes may experience a delay in the disbursement of their aid until the end of the add/drop period for that semester.

It is the student’s responsibility to monitor receipt of this assistance through STAR and by contacting the “Office of Student Accounts”http://studentaccounts.wvu.edu/ at (304) 293-4006.

Financial aid administered through WVU’s Financial Aid Office will be applied to charges for tuition (and housing if applicable). Any funds remaining after all University charges are paid are refunded to the student according to the method the student has chosen. Please review the options available at the Office of Student Accounts website at http://studentaccounts.wvu.edu.

To make sure your local address is current, check the STAR system or call the WVU Office of Admissions at (304) 293-2121.

If you are required to make a personal payment on your account, obtain information regarding payment methods and payment plans at the Office of Student Accounts website at http://studentaccounts.wvu.edu.