Financial Aid Enrollment Verification and Disbursement

Before your financial aid funds can be disbursed into your student account, you must meet the disbursement criteria specific to the aid program(s) from which you accept aid.

Generally, scholarships require full-time enrollment. If you receive a private scholarship that does not require full-time enrollment, we must receive written authorization from the donor before disbursement will occur. Most grants require full-time enrollment, however, some will be adjusted by a prorated amount on less than full-time enrollment. The Federal Pell Grant, for example, will be adjusted according to your enrollment status, e.g., 75 percent of the full award if you enroll three-quarter time or 50 percent if you enroll half time. The Minnesota State Grant is disbursed on a per credit basis and the amount varies for each individual student based on his/her individual award. 

You must be registered at least half time to be eligible for the Ford Federal Direct student loans and the Federal Perkins Loan. 

The Office of Financial Aid will verify your upcoming semester’s initial enrollment approximately 2 weeks prior to the start of the term. Your financial aid will be adjusted to reflect your actual enrollment on that date so we can disburse your financial aid at the earliest opportunity. 

After your initial disbursement each semester, your enrollment will be verified again at the end of the second week of classes (end of the cancel/add period). At this time, final adjustments to your term’s aid are made; additional aid is paid if you now qualify due to increased credits, or if you reduced credits, your student account will be billed back any funds for which you no longer qualify. 

The Financial Aid Office considers your enrollment at the end of the cancel/add period (second week of classes) as your official and final enrollment for the semester for purposes of determining your financial aid eligibility.