Financial Aid Disbursement
At the University of West Florida, our office works with the Financial Aid Office to process students' financial aid. The Financial Aid Office determines a student’s eligibility and awards the student accordingly. Our office is responsible for applying these funds to students' accounts once they have been released by the Financial Aid Office and all eligibility requirements have been fulfilled.
Our office strives to have all eligible financial aid refunded by the end of the second week of classes. All debts owed to the University are paid first. Any financial aid over and above these expenses is sent to BankMobile Disbursements, a technology solution powered by BMTX, Inc., as a refund to the student. The processing of financial aid awards continues throughout fee payment and the drop/add period. Late awards of financial aid are processed in the same manner throughout each academic term.
Students who have not been awarded financial aid or whose awards have not been processed due to an unresolved disbursement issue in the Financial Aid Office must pay their fees by an alternate means by the fee payment deadline to avoid a late payment fee. In addition, any balance over and above the amount that is covered by available financial aid must be received in the Cashier's Office by the fee payment due date to avoid the assessment of a $100 late payment fee.
A Title IV authorization is required in order to pay “non-allowable” charges. Non-allowable charges include late fees, library fines, health center charges, childcare, etc. Financial aid will not be disbursed until the non-allowable charges are paid or this form is on file with the Student Accounts Office.