Federal Aid Funds Released to Student’s Accounts (Disbursements)

Federal Aid (Pell Grants & Stafford Loans) is credited to each student’s account at the beginning of each enrollment period as long as the student continues to remain eligible by meeting the Satisfactory Academic Progress requirements, has completed all application requirements, and is registered for sufficient credit hours. Fall/Winter loans are disbursed in two equal disbursements. Single semester loans are disbursed in full only once for that semester.

Tuition is due on the first day of class.  If a scholarship or Federal Aid is still pending for any reason, the student should pay tuition to avoid a $50 late fee.

Important: although Federal Aid is credited to a student’s account and the student may have a credit balance, the student may NOT obtain cash from the Cashiers.  Credit balances will be refunded to the student in the form of refund check that will be available at a later date. (See Refund Checks below.)

The 2007-08 schedule for funds to be credited to students accounts is as follows.

To see charge priorities for other types of payments and financial aid visit the Charge Priorities page.

Refund Checks
After the charges listed above have been paid, if the student still has a credit balance on their account, a refund check will be processed.  The first series of refund checks will be available for students to pick up at the Payroll Window (located at Financial Services in the administration building) on the third day of classes, which is the Friday following the first day of class.  If the check is not picked up in a timely manner, it will be mailed to the student’s current mailing address. After the first full week of school, refund checks will be available each Monday and Thursday.

The Account Receivable personnel will normally send an email notice to students who have a refund check available to be picked up.

Book Money
Due to institutional changes, students must plan appropriately in order to have sufficient funds to buy books at the beginning of each enrollment period.  Cash refunds for credit balances are not available from the Cashiers, and the first Refund Check is not available until the week after the add/drop date.

You are encouraged to save $300 - $400 prior to the beginning of each enrollment period in order to have sufficient funds to purchase books. If you do not have funds to purchase books prior to the first day of school, use a credit card or consider a book loan. You can find the paperwork for the book loan online at http://my.byuh.edu. This is a short-term loan that must be paid back within 60 days for a semester, and 45 days for a term. Defaulting on this loan will preclude you from ever getting another book loan from BYU-Hawaii, so be sure to pay it back on time.

Last Updated: July 17, 2008