Receive Your Funds

Once you have registered for classes and completed your financial aid file, your accepted financial aid (excluding Federal Work-Study, some alternative loans, Federal PLUS loans, and outside resources) will be applied against assessed university charges on your student account. Financial aid credits to your student account no sooner than a few days before the start of each semester (see our Financial Aid Calendar for disbursement dates).

Delayed Loan Disbursements

If you are a first-time freshman borrower of a Federal Stafford Loan, the federal government requires ASU to delay the first disbursement of these loan funds until 30 days after the first day of classes.

Will I get a Refund?

If your credited financial aid is in excess of your university charges, a financial aid refund will be generated for the difference.

If you enroll in direct deposit through Student Business Services, any refund owed to you will be deposited directly into your bank account.

If you do not enroll in direct deposit, your refund will be mailed to your local mailing address on file with the university no sooner than a few days before the start of each semester. Sign in to check and/or update your contact information.

What if my financial aid is less than my charges?

If your financial aid is canceled or does not pay all tuition and fees, you will be responsible for these charges and an accounts receivable billing statement will be mailed. Classes will be held even if aid becomes unavailable or is inadequate to pay all tuition and fees. Registration will not be canceled during the tuition refund period. If you decide not to attend classes, you must officially withdraw from the University.