Financial Aid & Scholarships

Awards and Basic Information

The Office of Financial Aid and Scholarships continues to process financial aid applications on a daily basis and award weekly for records that meet the completed requirements.

This page and various pages of our website we will keep everyone abreast of the latest in the realm of financial aid.

Best wishes and look forward to a great academic year.
Maria del C. Ramos
Director, Office of Financial Aid & Scholarships

Release of aid to Student Accounts

Based on current laws and regulations overseeing the federal and state financial aid programs, the earliest federal and state financial aid can be credited to university student accounts is 10 days prior to the first day of classes for the semester.  Release of Financial Aid to Student Accounts begins at 5:00 p.m. on release days. 

Below are the dates when we will start to release financial aid for those students meeting all financial aid requirements in the semester. These dates are scheduled to change should federal and/or state laws and regulations change.

Specific online programs have different release dates due to the length of the terms.* 


Date of Release of Financial Aid

        to Student Accounts

       Fall 2016


     Spring 2017


       Summer I   


      Summer II



Special Note for one semester only loans 

Federal loan programs must always be released twice in any one loan period. The loan period is the first day of the semester through the last day of the semester. The first installment will occur no earlier than 10 days before the first class of the semester.  The second installment will occur after the midpoint of the loan period or the after the middle of the semester. 


Second Date of Release of Financial Aid

               to Student Accounts

         Fall 2016                       10/22/2016
       Spring 2017                        3/11/2017
        Summer I                        6/20/2017
        Summer II                        7/25/2017

Dates can also be found on the Academic Calendar.

BAAS-Organizational Leadership (TAB) program

*For the BAAS-Organizational Leadership (TAB) program, where courses are nontraditional and 7-week courses throughout the year, the earliest day financial aid can be released will be specific to the term.

Term Start Date Term End Date

Date of Release of Financial Aid

          to Student Accounts

     9/6/2016    10/21/2016                    9/2/2016
   10/31/2016    12/16/2016                  10/28/2016
   12/26/2016     2/10/2017                   1/3/2017**
    2/20/2017      4/7/2017                   2/17/2017
    4/17/2017      6/2/2017                   4/14/2017
    6/12/2017     7/28/2017                    6/9/2017
    8/7/2017     9/22/2017                    8/4/2017

** due to the campus being closed for winter holiday

“When will refunds be available, if applicable?”

On the disbursement date for a semester, financial aid is released to the Office of Student Accounts. The Office of Student Accounts takes the financial aid that was released to them and subtracts what the student owes for the semester. If the student has more financial aid than what they owe for the semester, they will have a credit balance. The Office of Student Accounts changes that credit balance into a refund and sends the electronic file to the refund processor for processing and distribution of the refund to the student. All refunds require several business days to process. When a refund entry appears on your student account, you should add at least five to seven working days to the refund date to get an estimated completion date. Delivery time to your bank account or mail address will vary. If you change your registration (add and/or drop courses) after your refund was released to you and a balance appears on your student account, you will need to pay the balance with the proceeds of your refund.

For more information, contact the Office of Student Accounts at 903-886-5050 or 903-886-5501. You can also e-mail them at or visit their website. Also visit the Refunds webpage.

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