Awarding and Disbursement of Funds
All initial financial aid award offers are based on a student enrolling full-time (12+ credit hours). Should the student enroll less-than-full-time, their award will be prorated or reduced to their level of enrollment. Halftime is 6 to 8 credit hours and three-quarter-time is 9 to 11 credit hours. Students who are enrolled less-than-half-time may be eligible for a Federal Pell Grant based on their EFC. However, to be eligible for a Federal student loan, FSEOG and other types of aid, a student must be enrolled at least half-time.
Students are required to review their my.udc.edu student portal and know how much their UDC expenses are against the total amount of the aid award they accepted. Failure to have sufficient funds to pay all education expenses due UDC may result in the student being dropped from courses for insufficient payment.
Once all financial aid requirements have been satisfied, instructors must verify class attendance prior to aid being disbursed to the student account. Once this and the 100% tuition refund period for the semester has ended, funds will be authorized for payment to the student account. Students needing their funds for books prior to the start of class may visit https://www.udc.edu/admissions/financial-aid/purchasing-books-with-financial-aid/ for book authorization procedures.
Financial Aid Credit Balance & Refund
Students that have a credit balance remaining after all tuition and fee and other charges authorized to their account may receive a refund. This refund may be used to pay for indirect educational expenses such as room and board, transportation, and personal expenses.
At UDC, refund checks are authorized approximately two to three weeks after the first day of class each semester (after all charges applied and attendance verified). Students may review their my.udc.edu student portal to check the status of their refund.
Federal student aid regulations allow up to 14 days for a refund to be processed and provided to the student from the date the credit balance was posted to the student account. However, to expedite their refund, students are encouraged to have their refund check directly deposited into their personal bank account.
While the Financial Aid and Student Accounts Offices work on your refund, PLEASE REFRAIN FROM CONTACTING THEM REGARDING THE STATUS OF YOUR REFUND AS IT TAKES TIME AWAY FROM PROCESSING YOUR REFUND.
PLEASE NOTE: NO REFUND CAN BE EXPEDITED FOR ANY REASON. Please budget and plan for your educational expenses accordingly.
Students that use Federal student aid funds for purposes not related to their UDC education, may be suspended from the University, owe repayment of the funds, or be referred to the Office of Inspector General for further investigation.
Virtual FAFSA Completion Assistance Available
Please contact Our Community Partner, The Educational Opportunity Center to schedule your appointment.
*Please leave a voice mail message and a representative will return your call.
Schedule a Virtual Appointment
Students who need to speak with a Financial Aid Counselor may click on the below link that corresponds to their last name to make an appointment.
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