Financial Aid Disbursement and Changes to Awards
- In order for your financial aid to disburse, you must first accept your aid through your MyMav Student Center.
- Financial aid funds disburse to pay toward your charges on your UTA MyMav account 10 days prior to the start of the term.
- Financial aid for the summer 2017 term disburses on May 26, 2017.
- Financial aid for the fall 2017 term disburses on August 14, 2017.
- If your financial aid award exceeds the total amount of your charges, the Office of Student Accounts will generate a refund for you. You may use your refund to purchase books, pay your rent, or cover other education-related expenses.
- UTA recommends signing up for direct deposit to receive refunds. If you do not enroll in direct deposit, your refund will be mailed to you via check.
Common reasons funds may not credit to your account
Financial aid shows as “pending” in your Student Center until the funds have posted to your UTA MyMav account. Approximately 21 days after the disbursement date, pending aid will no longer be reflected and you could be dropped for non-payment by the Office of Student Accounts.
If your financial aid funds have not posted to your account, there may be some additional actions you need to take. Here are some common reasons aid may not disburse:
- You did not accept all of your financial aid.
- You enrolled as a less than half-time student at UTA (less than 6 hours for undergraduates or less than 5 hours for graduates).
- You did not meet the enrollment requirements to receive your scholarship (normally 12 hours).
- You did not complete the required Entrance Counseling or sign a Master Promissory Note to receive your student loans. You may complete both of these tasks online at www.studentloans.gov by logging in with your FSA ID and password.
- You did not complete all of the necessary verification paperwork.
Please check your To Do List or contact our office if you do not know why your financial aid has not disbursed.
Changes to Awards
In certain cases, revisions must be made to your financial aid award after the offer has been made or even after it has been accepted. Some events that could cause the award to be reduced or canceled include:
- Enrolling for less than full-time hours.
- Enrolling as a less than half-time student at UTA (less than 6 hours for undergraduates or less than 5 hours for graduates).
- Dropping courses during the refund period.
- Withdrawing from UTA.
- Receiving aid from other sources including departmental and outside scholarships, specific federal, state or institutional tuition waivers or other benefits, or employer assistance.
- Becoming eligible to pay the in-state tuition rate if the initial award was based on paying out-of-state tuition charges.
- Receiving financial aid at another school while receiving aid at UTA.
You will be notified if a change in your financial aid award is required.