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Before loan funds will disburse, you must
accept them in
OASIS.
If you are awarded Federal Work Study (FWS) funds, and you do not accept
your award in OASIS by Friday of the first week of classes, your award will
be cancelled. If you are receiving financial aid, your tuition payment will be deferred. If your total aid exceeds the amount you owe on your student account, you might qualify for the Bookstore Advance Purchase Program (BAPP) and/or housing and meal plan deferments.
Disbursement of Funds How your USF student account works:
If your disbursement includes Federal Stafford or PLUS funds that you do not wish to keep, you have 14 calendar days from the date of the disbursement to see a financial aid counselor to return the funds. If you receive funds from a private loan and do not wish to keep them, contact your lender directly. USF processes all Federal PLUS electronically. Upon receipt, USF disburses Federal PLUS funds into your USF student account. Federal regulations require the return of
funds from uncashed checks to the Federal Student Aid Programs. Sign up for
eDeposit in OASIS to avoid this. Go to the University Controller's Office (UCO) in ADM 125 with questions:
Go to ADM 131 (the Cashier’s Office) to pay in person or to pay by drop box. |
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