HomeWHENWhen Does Bright Futures Disburse Fall 2023

When Does Bright Futures Disburse Fall 2023

Check your https://one.uf.edu/ONE.UF portal for any outstanding “To Do” items and “Holds” to make sure you have submitted or completed all requirements necessary to receive your financial aid. You must complete all federal financial aid requirements before any federal funds can be disbursed to you.

Your Financial Aid Disbursement

  • Your aid will be calculated and disbursed based on your total spring enrollment at the end of Drop/Add. If you add classes after Drop/Add those classes will NOT be used in calculating your eligibility for aid.
  • Disbursement of aid for UNDERGRADUATE STUDENTS who have completed all federal requirements and are enrolled in 15 credit hours will begin the first week of classes. If you are enrolled less than 15 credit hours, your financial aid (including loans) will be held until after the end of the Drop/Add period. At that time, SFA will make adjustments to your “cost of attendance” based on your actual enrollment. Adjusting your cost of attendance may require a reduction in the amount of financial aid awarded to you. If this is necessary, you will be notified.
  • Disbursement of aid for GRADUATE STUDENTS who have completed all federal requirements and are enrolled in 12 credit hours will begin the first week of classes. If you are enrolled less than 12 credit hours, your financial aid (including loans) will be held until after the end of the Drop/Add period. At that time, SFA will make adjustments to your “cost of attendance” based on your actual enrollment. Adjusting your cost of attendance may require a reduction in the amount of financial aid awarded to you. If this is necessary, you will be notified.
  • Florida Bright Futures Scholarships, Pell Grants, and Machen Florida Opportunity Scholarships will be disbursed after Drop/Add ends.
  • Due to federal regulations, you can only use financial aid for classes that count toward your declared degree or certificate program.
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Enrollment Requirements

Most aid programs require students to be enrolled at least half-time; however, due to limited funds, priority is given to full-time students.

Read more about https://www.sfa.ufl.edu/process/receiving-your-aid/enrollment-requirements/determining financial aid minimum enrollment requirements and refer to the following chart for minimum enrollment eligibility requirements.

Full-Time

Classification Fall/Spring Summer Undergraduate/Postbaccalaureate 12 12 Graduate 9 8 Law 10 5

Half-Time

Classification Fall/Spring Summer Undergraduate/Postbaccalaureate 6 6 Graduate 5 4 Law 5 3

The exception to the above enrollment requirements are students with following class/college classifications 1MD, 2MD, 3MD, 4MD, 1DN, 2DN, 3DN, 4DN, 1VM, 2VM, 3VM, 4VM.

Dropping Classes

If you are paid before the end of Drop/Add based on full-time enrollment and subsequently drop to less than full-time status, your “cost of attendance” will be adjusted to reflect your actual enrollment.

Adjusting your cost of attendance may require a reduction in the amount of financial aid awarded to you or repayment of aid already received. If this is necessary, you will be notified.

Federal Requirements

If all federal requirements to receive your aid (such as federal verification, entrance counseling, promissory notes, and other requests for information) have not been completed by the end of the term, your aid will be cancelled.

Sign Up for Direct Deposit

Direct Deposit is the quickest and safest way to receive your financial aid refunds. To sign up, go to the https://one.uf.edu/campusfinances/directdepositOneUF Direct Deposit webpage and sign in with your Gatorlink username and password.

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Consumer Information

The http://www.sfa.ufl.edu/consumer-information-disclosureConsumer Information Disclosure is intended to help prospective students, current students, students’ parents, and employees make informed decisions regarding education or employment at the University of Florida.

Contact the OneStop

If you have questions or need additional information, please contact a financial aid adviser at the https://www.onestop.ufl.edu/OneStop or call 352-392-2244 or 833-UF1-STOP.

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