Disbursement of Aid
MSOE’s Financial Aid Office disburses funds to a student’s account starting the second week of a given term, and disburses on a rolling basis pending additional changes, adjustments, or departmental review.
Students have the first week of a term to add or drop classes. Friday of week one is MSOE’s “Census Date.” Financial Aid will then be adjusted based on this census, and disbursements made following. Please visit the Scholarships and Grants page to view terms of receiving each scholarship and grant, as well as the Loans page for loan terms and thresholds.
Students will be notified when any federal, state, or private loan disburses to their account via their MSOE Email. In the instance of Parent Plus loans, the parent on file as the borrower will also receive a disbursement notification via the email listed on the application.
Please note that Federal Work-Study is earned and paid through semi-monthly paychecks and not directly applied to your student account.
The following are MSOE’s standard academic year disbursement start dates:
|Fall||September 17, 2019||September 15, 2020|
|Winter||December 10, 2019||December 8, 2020|
|Spring||March 17, 2020||March 16, 2021|
|Summer (1)||June 9, 2020||TBA|
|Summer (2)||July 28, 2020||TBA|
Disbursement of Books and Supplies
Title IV recipients must have a way to purchase or obtain books and supplies no later than the seventh day of a payment period if a) The institution could disburse the title IV, HEA program funds for which the student is eligible; and b) Presuming the funds were disbursed, the student would have a credit balance under 34 CFR 668.164(h). MSOE ensures this by allowing all students to charge books and supplies from the MSOE bookstore to their student account. Students can charge books to their student account during the three weeks before the term begins through the second Tuesday of the term. Students may purchase books from the MSOE bookstore; however, they are not required to do so.