Financial Aid Disbursement

Financial Aid Disbursement Process


  • How do I receive my financial aid?

    • Each quarter, prior to the payment deadline, all authorized aid for the term will be credited to your UC Davis account. This will appear as Estimated Financial Aid and will pay your outstanding balance. You can view your current balance and previous billing statements online at mybill.ucdavis.edu.

  • Why haven’t I received all of my financial aid?

    •   Check your “Actions Required” on MyAwards and submit all required documentation to the Financial Aid Office.

      Are you enrolled in a minimum of 12 units (including workload units)?

      Wait-listed course units do not count as enrolled.

      Pell Grant and Cal Grant disburse each quarter based on enrolled units. See chart below:

Enrollment Status
Units
% Disburse
Less than 1/2 time
Less than 6
Zero
1/2 time
6 - 8.5
50%
3/4 time
9 -11.5
75%
Full time
12 or more
100%

      Please note, students in their last quarter of attendance don't have to be full time to get their full Cal Grant award. Please contact the Financial Aid Office prior to the start of your last quarter to ensure you receive your full award for that term.

     

  • After Financial Aid has been credited to your account:

    • For the most current outstanding balance, check your Account Summary by Term on SISWEB.

      If there is a balance due after your Estimated Financial Aid has been posted, you are responsible for paying the amount prior to the payment deadline; or

      If your Estimated Financial Aid is more than the balance due on your account, the difference will be issued to you as a refund, as long as your status remains the same.

  • How do I get my refund?

    • UC Davis provides the following options from which students may choose:

      Direct Deposit of financial aid is the preferred method by which UC Davis students receive their financial aid refunds. To sign up, please visit directdeposit.ucdavis.edu.

      UC Davis also offers VISA debit cards (aka TotalPay Cards) to which financial aid funds may be credited. To sign up, please visit studentaccounting.ucdavis.edu.

    Please note: Students taking no action to pick up their refund within the 21 day time limit risk forfeiture of their Federal financial aid.