Financial Aid and Scholarship Disbursements:

 

Financial aid and scholarships will be disbursed to the student’s billing account when the student meets all eligibility criteria.  Financial aid loans, grants, fee waivers and university scholarships are awarded for the academic year with the disbursements divided into three equal installments.

 

Financial aid disbursements will show on the first billing of each term as "Pending Financial Aid".  Financial aid is reflected in the Minimum Due, Total Due and Statement Balance.

 

Parent Loans

Parent Loans are disbursed to the student’s billing account.  When there is a combination of student financial aid and a Parent Loan, the Parent Loan is applied to the student’s charges first. 

 

When there is a credit balance after all charges have been paid a refund is issued first to the student, up to the amount of financial aid in the student’s name, plus any excess from the Parent Loan, if the parent selected the student to receive the refund.  After the student has been issued a refund and a credit balance still remains, a refund is issued to the parent, if the parent opted to receive the refund.  Parent Loan refunds are mailed approximately two weeks into the term.

 

Outside Scholarships

Outside scholarships received by the university are provided to students in three ways:

 

Ø       Checks that are made payable to the University of Oregon are automatically disbursed to the student’s billing account

Ø       Checks that are made payable to both the University of Oregon and the student, will require the student to endorse the check at the Cashier’s Office before disbursement.

Ø       Checks that are made payable to the student will be released to the student by the Cashier’s Office at the beginning of each term.

 

Without specific instructions from the donor, the university’s policy is to disburse scholarships of $2500 or less in full. Scholarships over $2500 are automatically disbursed in three equal installments for the three terms of the academic year. 

 

Outside scholarship checks need to include the student’s name and UO ID number and should be mailed to:               

                             UO Cashiers:

                             PO Box 3237

                             Eugene, OR 97403-0237