All awards are disbursed by semester. The disbursement dates will appear on the award letter. It is very important students indicate which semesters they plan to attend as the awards will be given out by this attendance pattern, summer semester must be included to receive money for summer. Some students may receive financial aid in excess of direct university costs. In such cases, the portion exceeding the direct costs will be refunded to the student by the APU Business Office.
Federal regulations require that aid be adjusted if a student s credit load changes.
The student may be liable for any overpayment made and must return funds if an overpayment is determined. Student Responsibilities Accurately complete all financial aid applications and submit all documents on time to the appropriate office. Comply with all application deadlines and reapply annually. Carefully read documents that you are mailed or requested to sign. Keep a copy of each document.