The Office of Student Financial Aid determines your eligibility for financial aid and the University Billing Office is responsible for the disbursement of your financial aid (except Work-Study). The University Billing Office will apply your financial aid funds to your University Bill (U-Bill). Prior session charges must be paid before financial aid funds can be released. Refer to the University Billing Office web page for more information and answers to frequently asked questions.
U-Bills are generated on the first working day of each month and are available on MyUI. Tuition for the summer session is billed in June, fall session in August, winter session in December and spring session in January. In addition to showing tuition and fee charges, these U-Bills will show an estimate of your approved financial aid (except Work-Study) that is being credited to the contract charges (tuition and fees and on-campus housing and dining) on your U-Bill. If part of your aid includes scholarships and grants, they will be used before any loans to pay for contract charges (tuition and fees and on-campus housing and dining). Beginning the first day of classes, the University Billing Office will refund any excess financial aid (any financial aid over and above what is used for contract charges on your bill) to the student/parent. View information on setting up direct deposit on the University Billing Office refunds and direct deposit website.
If part of your financial aid package includes loans, check your loan document status on MyUI to see if you need to accept your loans and/or complete a promissory note and/or entrance counseling. These must be completed before your loan funds will disburse. When in MyUI, be sure you select the appropriate session (i.e., Fall 2018, Spring 2019).
If you are receiving a privately-funded scholarship (i.e. Rotary Foundation, local hometown organization) review University Billing Office information regarding submitting scholarship checks.
You may contact the University Billing Office at:
Frequently Asked Questions
- When is financial aid disbursed?
If your financial aid is available for disbursement (see requirements section of our disbursement web page), the University Billing Office will begin releasing funds for direct deposit (or mailing checks if you have not set up Direct Deposit in...View FAQ
- How do I receive my financial aid and pay my University Bill (U-Bill)?
U-Bills are available on...View FAQ
- Why hasn't my financial aid been applied to my University Bill?
The University Billing Office begins preparing for the August 1 U-Bill in late July. If you view your U-Bill prior to August 1, all of your financial aid funds may not appear. If you do not see all of your financial aid listed on your U-Bill, check your bill periodically for updates. Information is updated nightly. Listed below are reasons why financial aid funds may not appear on your U-bill...View FAQ