Federal Financial Aid Distribution | Financial Aid | BYU-Idaho

# Federal Financial Aid Distribution

## Review and Accept Financial Aid Through the Financial Aid Portal

The Financial Aid Portal is your central hub for managing financial aid.

- View processed offers.
- Check for missing documents like tax forms or FAFSA signatures.
- Upload them to complete your application.

For details on when award amounts will be available, be sure to review the information provided further down this webpage.

Financial Aid Portal

## What You Need to Know About Financial Aid Distribution

### How Financial Aid is Disbursed

The processing of BYU-Idaho Scholarships and Federal Financial Aid starts on the first day of the semester.

- Allow 3-5 days for financial aid to process

Outside scholarships can take longer depending on the individual award.

### State Scholarships

****Idaho Launch:**** 
Enrolled in 12 or more Program Applicable credits:

- Grant will be processed to your student account in the first 3-5 days of the semester.

Fewer than 12 credits:

- Grant will be process after the add/drop deadline, giving you time to adjust your credits.

Be sure to pay your 20% of tuition to avoid late fees.

****Idaho Opportunity Scholarships:**** 
Enrolled in 12 or more credits:

- Your scholarship should be disbursed the first 3-5 days of the semester.

Fewer than 12 credits:

- It may take a little longer for your scholarship to disburse.

If your money has not been disbursed after the first week of the semester, please email idahostateaid@byui.edu.

### How can I tell if my financial aid has been processed?

In your financial aid portal:

- Under Financial Aid click ****View Details**** on each scholarship, Pell Grant or Loan.
- Click on the semester and then a box will appear with the status of your aid.
- If the Payment status is ****Scheduled**** the aid is still processing.
- If the Payment status is ****Paid**** then the aid has been processed with Financial Aid.
- If there is a canceled award and a second award that is scheduled, the canceled portion can be disregarded.

When your financial aid status is Paid in your financial aid portal, it follows this process:

1. Notification of Aid is sent to the Student Financials (Accounting Services) office to be processed to your BYU-Idaho student account. 
 1. Expect to see your aid reflected in your student account in 24 hours.
2. It automatically covers 
 1. Outstanding tuition
 2. Required Fees
 3. On-campus housing charges 
 ****(Only Center Square and University Village complexes are on-campus housing)****
3. To automatically cover additional charges, complete the Federal Financial Aid Authorization.

### Receiving Remaining Financial Aid Funds

- Fastest and safest method: eRefund (direct deposit)
- eRefunds are processed and disbursed by the BYU-Idaho Student Financials (Accounting Services) office

### Submitting FAFSA After Priority Deadlines

- You can still submit your FAFSA after the Priority deadline! 
 - You can submit FAFSA at any time during the academic year.
- You can still receive federal aid if you are eligible.
- However, aid may not be available by the tuition due date.
- Late submissions may result in late fees ****so be prepared and pay your tuition at the beginning of the semester!**** 
 - Sign up for eRefund and any financial aid you qualify for can be deposited in your bank account once it has been processed.