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Financial Aid Deferments

Tuition Deferments

A tuition deferment prevents cancellation of registration for non-payment of fees, and temporarily prevents assessment of the late payment fee. Receipt of a tuition deferment is not a guarantee that you will receive aid. Because a tuition deferment prevents cancellation for non-payment, you must officially withdraw from all classes by the refund deadline to be relieved of liability to pay and to ensure that tuition is not later paid by disbursed financial aid.

If you still owe tuition after the expiration date has passed, you will be assessed a late payment fee by the University Controller's Office (UCO) and a cash collection hold will be placed on your student account, which will prevent you from registering for future terms and from obtaining official transcripts until your account is paid in full.

To qualify for an automatic deferment, you must be eligible to receive financial aid (including student loans) and/or scholarships. Deferments are automatically posted on OASIS if you:

  • Have scholarships (including Bright Futures), or;
  • Have a FAFSA on file at USF 10 business day before classes begin, and;
  • Are a degree seeking student, and;
  • Are enrolled in at least half-time in USF classes appropriate to your grade level and;
  • Are meeting satisfactory academic progress (SAP) requirements.

Housing Deferments

A housing deferment allows you an extension to pay your housing bill based on your accepted financial aid. You must meet specific requirements to qualify each semester. If you do not qualify, your housing payment will be due by the date listed on your housing contract.

In order to qualify for a housing deferment you must have housing charges posted to your student account.

Additionally:

  • as an in state resident student, you must be receiving at least $5,800 for the semester in accepted aid (including loans);
  • as an non-Florida resident student, you must be receiving at least $11,200 for the semester in accepted aid (including loans).

Meal Plan Deferments

A meal plan deferment allows you an extension to pay your meal plan based on the amount of financial aid available to be paid during the fall and spring semesters. You must meet specific requirements to qualify each semester. Meal plan deferments are not available during the summer semester.

If you do not qualify, your meal plan payment will be due by the date listed on your meal plan contract. Contact USF Dining Services if you have questions about payments.

Check For Deferments Before Each Semester Begins

  • Check OASIS two weeks prior to the start of the semester to see if you qualify
  • Choose 'Financial Aid', then
  • Select the appropriate aid year; then
  • Select 'My Requirements, Bookstore Authorizations and Deferments';
  • Review the 'Satisfied Requirements' section for approved deferments

 

svincent - 7/31/14