Disbursements and Refunds

Disbursements and Refunds

Disbursement Timeframes – Fall 2024 and Spring 2025

  • Earliest disbursement for Fall 2024 – August 26
  • Earliest disbursement for Spring 2025 – January 13
  • Loans normally begin disbursing during the above timeframe
  • Need-based aid (e.g. Federal Pell Grant, SEOG, Hardge/Forleo, University grant, RI Promise, etc.) and Merit aid (e.g. Presidential scholarship, University scholarship, Transfer scholarship, etc.) are held until the add/drop period is over
  • Refunds are processed shortly after the funds are disbursed, following the disbursement date above.

Disbursement of all financial aid awards, excluding Federal Work-Study, will be applied as a credit to your term bill, as noted on the Award Notification.  If your total semester financial aid, including any cash payments you make, exceeds the term bill, as refund will be processed for you. 

Assumptions About Your Housing and Enrollment for Financial Aid Eligibility