Disbursements and Refunds

Financial aid disbursements will automatically occur only if you meet the eligibility requirements for minimum number of enrolled hours, actual enrollment versus anticipated enrollment for the term, financial aid standards of academic progress, and financial eligibility.

Disbursement of financial aid funds to the Bursar's Office is scheduled each semester to begin on the first day of classes. Funds are disbursed only after all the requirements of the various programs have been met.

Refunds are prepared by the Bursar's Office after all debt to UTD is paid. You should log into EZPay to see if your aid has been credited to your account.

You may sign up for direct deposit via EZPay. When a refund from your student account is available it will be deposited to the bank account you have provided. Refunds via paper check will are mailed to students at the address on file with the Bursar's Office.

If you anticipate having a refund of financial aid funds and you need those funds to pay for books and supplies it is possible to obtain a "book voucher" from the financial aid office. To receive this voucher you must have completed all of the steps needed to receive your financial aid and are waiting only for the processing of your application to be completed. This includes submitting verification materials, completing student loan entrance counseling and having completed the student loan Master Promissory Note (MPN). A "book voucher" is a credit applied to your Comet Card and can only be used at the UT Dallas Bookstore. It cannot be used at off-campus book vendors.

If you are on probation with the Office of Financial Aid in regards to your academic progress the disbursement of your financial aid in the following semester may be delayed until your grades are received and been evaluated.

When you are sent a financial aid award notice it contains information regarding your anticipated enrollment. For example, it will indicate if the financial aid is based on enrolling as a full-time, three-quarter time, or less than half-time student. If your actual enrollment is different from how your aid was awarded the funds will not be released to the Bursar's Office.

If your actual hours of enrollment are different than the anticipated hours indicated on your award letter, please complete th 11-12 Hours Adjustment Form found on our forms page. You need to be enrolled at UTD in at least 6 hours as an undergraduate student and 5 hours as a graduate student for institutional, state, and/or loan aid to be disbursed. If you are enrolled in less than 6 hours and are eligible for the Pell Grant program you may be eligible to receive this grant.

Your financial aid award is based only on classes for which you are registered at UT Dallas. If you are registered for classes at another school, college or university these classes do not apply to your financial aid eligibility at UT Dallas.

 

Updated: September 12, 2011