When will I get my financial aid (loans, scholarships, Bright Futures, Grants)?
Typically loans are disbursed prior to drop/add and scholarships (Bright Futures) and grants are disbursed after drop/add. Students receiving a financial aid refund are required to sign up for direct deposit. Funds will be delivered within 48 hours to the banking account information listed in my.ufl.edu.
What did my financial aid pay?
Please login at myUFL, SelectMain Menu > My Campus Finances > Fin Aid Disbursement. This will show the dates of disbursement. Select the blue underline date for disbursement amounts then select on amount for more details.
Why weren’t all of my charges paid?
Charges exceeded amount disbursed.
Student/Parent Plus loan permission was not granted for Federal Title IV aid to pay charges other than tuition, housing and books.
You may have a Veterans or Merit deferment which allows aid to be refunded without paying tuition and related fees.
How will I get my financial aid refund?
UF requires all refunds be delivered via direct deposit to your checking account on file with University Bursar. To enter or review your direct deposit information, please click here (my.ufl.edu>main menu>my campus finances>student direct deposit).
Login to myUFL, select Main Menu > My Campus Finances > Make a Payment.
What are the payment options?
Pay with electronic check with no service fee. Enter your checking account number and routing number. Accepted credit cards: American Express, MasterCard, Discover, or Visa with a 2.6% service fee added. The International Payment option is a wire transfer that offers a foreign currency exchange rate.
When will my payment post?
Online payments are applied within 15 minutes after selecting the Submit Payment button. Checks put in our drop box are applied the next business day.
Why am I prevented from making a payment online?
On myUFL pop-up blockers will need to be disabled or turned off. For browser related issues please click here.
A returned payment (insufficient funds, closed account) will prevent future online payments until charge has been satisfied with a money order or cashier’s check, payable to the Univeristy of Florida.
Administrative holds may also prevent online payments. Please contact University Bursar at 352-392-0181.
Which charge gets paid first?
The oldest debt showing under Charges Due.
Does the University offer a payment plan?
We do not have a payment plan, you can make payments but you will have a hold and a $100.00 late payment fee on your record until the balance is paid. The hold will prevent you from receiving university services such as obtaining grades or registering.
University Bursar (UB) serves as the central billing office for departments and maintains the record in myUFL. These charges may be viewed on your account in myUFL > Main Menu > My Campus Finances > Charges Due.
When is my charge due?
Tuition is due by the second Friday after classes begin. Other charges are due on the first of the month.
Why is the term on my payment different than the term on my charge?
The payment term date reflects the term in which the payment was made. For example if you made a payment for Fall housing charge in July, it will show a payment term date of Summer.
I completed the Housing contract, when or why do I not see my housing charges in the system?
Your charge will show within 48 business hours after completing the contract. If this charge does not show after 48 business hours please contact Housing.
Why did Pre-Paid not pay all tuition and fees charges?
None of the plans pay 100% of tuition and fees. Listed below are fees that are not covered by any of the Prepaid Plans and must be paid by the published payment deadline for each term to avoid the assessment of a $100.00 late payment fee:
transportation access fee
material & supply fees
distance learning fees
excess hour surcharge
How does it work if I have Florida Pre-Paid and Financial Aid (Bright Futures, Grants, Scholarships, loans)?
Students participating in the Florida Prepaid College Program who are also expecting to receive financial aid will have the Florida Prepaid applied first to tuition and applicable fees. Financial aid received will be disbursed and applied to outstanding charges which may include tuition and fees not covered by the Florida Prepaid Program.
When will my Pre-paid show up on my account?
The Florida Prepaid billed amount will show the first week of classes. Look at your Tuition Statement screens and it should show as “Billed to Sponsor”. Please contact us at 352-392-9545 if it does not show on your Tuition Statement.
A hold placed on the student’s record may prevent the receipt of grades, transcripts, diploma, admission to athletic events and registration will be denied for future terms. Holds are viewable in myUFL under Main Menu > My Campus Finances > Student Center.
Types of holds include:
Financial – When a charge is not paid by the due date, a financial hold (negative service indicator) will appear on your account. Past due charges must be satisfied to receive university services.
Exit Counseling – Loan borrowers separating from the University, applying for graduation or dropping below half time status are required to complete an online counseling session.
Administrative – A department may request a hold be placed on an account due to an unresolved issue or action to be completed.
Login at myUFL, then select Main Menu, My Campus Finances, and View 1098-T
What is the 1098T?
The IRS Form 1098-T is an information form filed with the Internal Revenue Service reporting qualified tuition and related expenses amounts paid in the calendar year. The information on this tax form is to assist you in claiming your educational tax credit on your federal income tax return. The Taxpayer Relief Act of 1997 allows students (or taxpayers claiming students as dependents) to claim certain qualified tuition and fee payments for the American Opportunity Credit or Lifetime Learning Credit. Claiming education tax benefits is a voluntary decision for those who may qualify.
Why does Box 1 not equal all my tuition payments for the calendar year?
Per IRS regulations, the qualified tuition payments in Box 1 do not include payments for either the student health fee or the transportation access fee, which are mandatory per credit hour fees at the university.
Where can I get a list of payments for the calendar year?
Login at myUFL, then select Main Menu > My Campus Finances > Payment History. Enter the calendar year dates and select the Go button to view this information.
Why is my 1098T not available?
A valid social security number was not provided to the Registrar
Non-credit program courses for which no academic credit is offered.
Per IRS regulations, nonresident alien students unless requested by the student.
Students whose qualified tuition and related expenses are entirely waived.
Any student who received a student loan(s) and/or Federal TEACH Grant while attending the University of Florida must complete an Exit Counseling session(s). This counseling is designed to assist students with understanding their rights and responsibilities that applies to their loan or Federal TEACH Grant award.
When must I complete Exit Counseling?
A student must complete Exit Counseling upon withdrawing, dropping below half-time enrollment or graduating from their program of study at the University of Florida.
Graduating students will receive an exit counseling requirement notice via email for Federal Direct/Grad PLUS loans/TEACH Grant recipients and/or letter notification for all other loans prior to commencement. For Federal Perkins, Federal Health Professions, and Institutional loan borrowers, the repayment schedule will be provided online at the time you access exit counseling. Federal Direct/Grad PLUS loan borrowers will receive repayment information directly from their Direct Loan Servicer.
Students who drop below half-time enrollment or withdraw from the University of Florida and have not completed the on-line Exit Counseling will be mailed an exit counseling requirement letter and/or packet.
When is my Financial Hold (service indicator) removed?
After Exit Counseling has been completed, the exit counseling hold will be removed from the student’s record within 48 hours.
Why must I complete Exit Counseling?
Exit Counseling is mandated by Federal regulations. The counseling session(s) will cover important information you should know about your loan(s) and TEACH Grant obligations.
Note: Those who do not complete Exit Counseling will have their official transcript, diploma, and other University services placed on hold until this requirement is completed.
What information will be covered by Exit Counseling?
Loan Repayment Plan
Deferment and Forbearance Options
Consequences of Default on loan and service obligation
Service obligation for TEACH Grant recipients
How do I complete my Exit Counseling Session?
For your convenience, Exit Counseling is provided online at the following websites.