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Awarding timeline

Incoming first-year undergraduate students 

Early spring

  • If you are admitted to the University and have a completed FAFSA on file, you will receive a paper estimated financial aid award notice by mail.

Late July

  • You will receive an email with instructions on how to respond to your financial aid offer for the upcoming academic year. The email will be sent to your University email account. 
  • You will need to respond to your award offer and complete required loan documentation before you receive any loans that are included with your financial aid offer.

Approximately one week before class starts (fall and spring semesters)

  • Your financial aid will be disbursed to your University student account.
  • If you have excess funds after your tuition, fees, housing, and other authorized charges are paid, that money will be sent to the bank account you designated for direct deposit. 
  • If you have additional tuition, fees, housing or other charges that are not covered by your financial aid, you will receive a bill for those charges.

Please note

  • Financial Aid continues to be offered and disbursed throughout the term as students accept and respond to their award offers.

Current students

Late July

  • You will receive an email with instructions on how to respond to your financial aid offer for the upcoming academic year. 
  • You will need to respond to your award offer and complete required loan documentation before you receive any loans that are included with your financial aid offer.

Approximately one week before class starts (fall and spring semesters)

  • Your financial aid will be disbursed to your University student account.
  • You may indicate your mailing address in the My Info tab of MyU: z.umn.edu/myinfo. 
  • If you have additional tuition, fees, housing or other charges that are not covered by your financial aid, you will receive a bill for those charges.

Please note

  • Financial Aid continues to be offered and disbursed throughout the term as students accept and respond to their award offers.