If your student is enrolled at least half time, has completed all required paperwork, and has met all eligibility requirements, your student's financial aid will be credited directly to his or her account.
These credits - called disbursements - will post to your student's account approximately ten days before the start of each term, provided all eligibility requirements are met.
In general, your student's financial aid awards are evenly split over the terms in which he or she plans to enroll during the academic year. For example, if your student is enrolled full time and is awarded a $3,000 scholarship, he or she generally will receive a $1,000 disbursement at the beginning of the fall, winter and spring terms.
Disbursed aid funds are first applied to outstanding tuition costs, then to any housing costs or university fees. Aid disbursements in excess of your student's DePaul charges will be refunded to you. For more information about refunds, visit the Refunds FAQ
section of the Student Accounts website.
Federal Work-Study funds are not disbursed to your student's university account. They are paid directly to your student as a paycheck from his or her on-campus job.