Financial aid is paying! Has yours?

Financial aid funds began disbursing to students’ accounts for the fall 2023 on Monday, August 28. All funds (including grants, scholarships, and loans) that are eligible for disbursement should have paid by now. We are running disbursements on a daily basis and are picking-up eligible awards everyday for payment to student accounts. The two exceptions to this status are the Bright Flight Scholarship and the Access Missouri Grant. Due to the processes involved in certifying these state funds, we have not yet disbursed money from the Bright Flight or Access Missouri Grant programs. However, barring any unforeseen issues, we anticipate disbursing these funds by this Friday (September 8).

What does this mean for you? If you were anticipating aid to disburse to your account, but it has not yet done so, there could be outstanding actions that need to be resolved.

You are viewing: When Is Financial Aid Disbursed For Fall 2023

Troubleshooting common issues

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There are a number of reasons why financial aid has not yet paid. The most common, broken down by fund type, include:

• Direct Student Loans (Subsidized and/or Unsubsidized)
  • Have you completed a 2023-2024 FAFSA that is on file with our office? Make sure our federal school code (002503) is on your FAFSA.
  • Have you reviewed your Financial Aid Home Page for any outstanding requirements or documents (e.g., tax documents, verification worksheet, SAP appeal, etc.)?
  • Have you accepted the fund(s) on the “Award Offer” tab of your Financial Aid Home Page?
  • Have you accepted your Financial Aid Terms & Conditions on your Financial Aid Home Page?
  • Have you completed your direct loan entrance counseling?
  • Have you completed your direct loan Master Promissory Note (MPN)?
  • Are you enrolled in at least half-time hours (6 fall hours for undergraduates; 5 fall hours for graduates)?
• Parent PLUS Loan
  • Have you completed a 2023-2024 FAFSA that is on file with our office? Make sure our federal school code (002503) is on your FAFSA.
  • Have you reviewed your Financial Aid Home Page for any outstanding requirements or documents (e.g., tax documents, verification worksheet, SAP appeal, etc.)?
  • Has your parent completed a Parent PLUS Loan application with the Department of Education?
  • Has your parent completed a Parent PLUS Loan credit check with the Department of Education?
  • Has your parent completed a Parent PLUS Loan Master Promissory Note (MPN) with the Department of Education?
  • Has your parent completed a Parent PLUS Loan Approved Request or Parent PLUS Loan Denied Request to notify our office your PLUS Loan intentions?
• Federal Pell Grant
  • Have you completed a 2023-2024 FAFSA that is on file with our office? Make sure our federal school code (002503) is on your FAFSA.
  • Have you reviewed your Financial Aid Home Page for any outstanding requirements or documents (e.g., tax documents, verification worksheet, SAP appeal, etc.)?
  • Have you accepted your Financial Aid Terms & Conditions on your Financial Aid Home Page?
• Institutional Scholarships
  • Have you completed your scholarship agreement form located on your Financial Aid Home Page?
  • Have you accepted your scholarship offer on the “Award Offer” tab of your Financial Aid Home Page?
  • Are you enrolled in full-time hours (12 fall hours for undergraduates; 9 fall hours for graduates)?

Next Steps

If none of those options resolved your issue, there may be additional action required by members of our team. For prompt assistance, please feel free to call us at (417) 826-5262 or reach out to our email at [email protected].

Source: https://t-tees.com
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