Financial Aid Disbursements
The University Bursar disburses financial aid (including Bright Futures and private scholarships) after the aid has been awarded and scheduled by the Office of Student Financial Affairs (Financial Aid Office) and when funds become available. These funds are first applied to applicable charges due on the student’s account (tuition and fees, housing, book deferments, meal plans, parking decals, etc.) before any refunds are issued. Students are notified via their Gatorlink email when financial aid has been posted to their UF student accounts.
Information on granting permission to pay “non-allowable” charges.
Students and parent PLUS loan borrowers’ loan refusal and cancellation options.
For students receiving first-time federal loans (Federal Direct Loans and Federal Perkins Loans), Entrance Counseling and signing of Master Promissory Note (MPN) must be completed prior to disbursement of funds.
UF Private Long-Term Loan and Private Federal Health Profession Promissory Notes
Borrowers of a UF Long-Term and Federal Health Profession Loans will receive promissory note(s) and other applicable documents by mail from the University Bursar. All documents must be thoroughly completed and returned to the University Bursar, located in S-113 Criser Hall, or mailed to PO BOX 114050, Gainesville FL 32611 before the loans can be disbursed.
Financial Aid Refunds
The University Bursar refunds financial aid credit balances on the student’s account. All financial aid refunds (loans, Pell Grants, Bright Futures, other grants and scholarship) are delivered electronically to students’ checking accounts. Therefore, students are required to sign up for Direct Deposit to receive financial aid refunds. Direct Deposit refunds are processed every business day and are the fastest, most secure method for receiving refunds. Check refunds could take up to 14 days to process. Parent PLUS loan refunds are sent to the parent borrower via check unless the parent has designated for the refund to go to the student.