How is my aid received?
Financial aid, with the exception of Federal Work Study, is paid (disbursed) directly into a student’s APU student account. A financial aid disbursement will occur once a completed financial aid application is submitted to APU, and once all financial aid requirements listed on a student’s To Do List are completed.
Authorization to Use Title IV Aid for Other Charges
You can now give permission to have your Title IV aid cover additional charges on your account. For more information, please read carefully through the information below.
What types of Title IV aid can apply to my student account?
- Federal Pell Grant
- Federal TEACH Grant
- Federal Supplemental Education Opportunity Grant (SEOG)
- Direct Loans - Subsidized and Unsubsidized
- PLUS Loan – Grad PLUS and Parent PLUS
How is Title IV aid applied to my account?
The Department of Education has specified that Title IV financial aid funds can only be automatically applied to a select list of allowable charges. Other charges can only be paid for by Title IV funds if authorization is given by the student.
- Tuition and Course Fees
- Mandatory Fees
- Housing and Food
Other Charges Allowable with Student Permission
- Parking Permits
- Health Center charges
- Health Insurance
- Slingshot (textbook charges)
What does granting authorization for other charges do?
If you grant authorization your Title IV aid will now automatically be applied to the other charges listed above.
What happens if I do not grant authorization?
If you do not grant authorization your aid will continue to be applied to your account as it always has been, only covering allowable charges. Keep in mind if you receive a refund, you will still be responsible for paying the other charges. Receiving a refund does not mean there are no outstanding charges on your account.
What is the benefit of granting the authorization?
The benefit of granting authorization is that your Title IV aid will automatically be applied to all of the allowable and other charges listed above. In some cases, this will mean if you get a refund, you will not have to send any of it back to pay for other charges. Keep in mind, there may still be some charges on your account that Title IV aid can never cover, fines for example. You will still need to be responsible for paying those charges. However, granting authorization will reduce the number of outstanding charges on your account if there is enough Title IV aid to cover them.
How do I give APU authorization to apply my Title IV funds to other charges?
Visit your student portal at home.apu.edu. Under the “Financials” section click on ”Student Permissions” and then ”Grant Permissions” to give APU permission to apply your Title IV funds to other charges.
- Visit home.apu.edu
- Under the ”Financials” section click on ”Student Permissions”
- Click on ”Grant Permissions”
What if I no longer want my Title IV funds to cover other charges?
You may rescind the authorization at any time in person at the Student Services Center during normal business hours. Once authorization has been given it will remain in effect for the rest of your time as a student at APU.
When do I receive my aid?
Students who proactively submit a completed financial aid application and who complete all To Do List requirements before the start of the semester will generally receive their financial aid disbursement beginning the week after Add/Drop. Exception: APU academic scholarships and APU participatory/other scholarships do not require a completed financial aid application or To Do List in order to disburse.
Funding from your financial aid disbursement will first pay for charges on your APU student account. If the amount of your financial aid disbursement exceeds the total amount of charges on your student account, you will receive a refund within two weeks of the date of your financial aid disbursement.
Why hasn’t my aid disbursed?
Receiving your financial aid in a timely manner is important. Below, you will common reasons that will prevent a financial aid disbursement from taking place.
Each year, the federal and state government selects a percentage of financial aid applicants for a process that’s called ‘verification’. The law requires colleges to obtain information from the family that confirms the accuracy of the information that was reported on the FAFSA (e.g. tax information, household size information, etc.).
Beyond those applications selected for verification, the law requires colleges to also request further documentation when a FAFSA application and/or subsequent paperwork appears incomplete or inaccurate.
Students selected for this verification process will need to submit all requested documentation through apu.verifymyfafsa.com. New to apu.verifymyfafsa.com? Learn How to Create an Account on apu.verifymyfafsa.com (PDF).
Accepting Aid (Loans)
APU uses ‘active confirmation’ before processing and disbursing federal loans. Put simply, we need you to specify how much of your federal loan you intend to borrow.
Students who intend to receive federal student loans must take action by accepting their loans at home.apu.edu. Parents intending to borrow a federal loan for their dependent student must submit an online Parent PLUS Loan application. For more information about receiving your federal loans, visit Apply for a Loan.
Reminder: If this is your first time taking a Direct Loan, you need to complete Loan Entrance Counseling and the Master Promissory Note. Learn How to Complete Entrance Counseling and MPN (PDF).
Before your financial aid is processed and ready to disburse, you will need to provide all required signatures. Students must sign their completed financial aid applications. Students who are determined to be dependent students based on their financial aid application must also have a parent sign their completed financial aid application.
Additional Required Forms
The financial aid forms below may be required if:
- You are requesting a faculty/staff award
- You are a student receiving funding through the California Dream Act program
- You are a student athlete who is submitting an Athletic Aid Appeal