Disbursement of Financial Aid

  • Your financial aid file must be complete. This means we must have a valid FAFSA on file, as well as any other requested documentation. Most financial aid awards (including scholarships) are credited to your account no earlier than 10 days prior to the start of an academic term.
  • Kettering Endowed Scholarships require receipt of a Thank you Letter to the donor for disbursement.
  • You must sign a Master Promissory Note and complete Entrance Loan Counseling for your Federal Subsidized, Unsubsidized, or Grad Plus loan. Parents must sign a Master Promissory Note for the Parent PLUS loan.
  • Outside awards will be credited once funds have been received by the financial aid office.
  • Work Study earnings are earned and paid biweekly based on the number of hours worked.
  • Alternative loans are credited upon receipt of funds.

If financial assistance exceeds billed charges and leaves a credit on your account you can request a refund from the Student Accounts Office. Checks are drawn on Friday only. Student Accounts must receive your request by Tuesday to issue a check on Friday. If a student’s credit is caused by the disbursement of a Parent PLUS Loan, the parent who borrowed the loan must submit written authorization/permission for student to request and receive the refund.