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How Do I Receive and Accept My Financial Aid?

Disbursement Information

Once you have received your Davenport University Financial Aid award notification you are ready to begin/continue your journey to receive your degree.

Grants, scholarships, student loans, and similar types of aid disburse directly to your student account to pay tuition, fees, books, room, meal plan, and/or other charges on your Davenport student account.  Grants, scholarships, and similar types of aid disburse to your account generally one week after the start of the semester.  Loans disburse at a later date to allow for changes in your schedule and for book charges to be applied to your account. 

Loan Disbursement Dates for the 2021/2022 academic year

Semester long courses and Session 1 Students Session 2 Only Students
Fall:  09/28/2021 Fall 2:  11/22/2021
Winter:  02/01/2022 Winter 2:  03/28/2022
Spring/Summer:  05/31/2022 Spring/Summer 2:  07/27/2022


Notes about your student account:

  • If you have not dropped or withdrawn from any of your courses and you have excess financial aid, you are eligible to receive the credit balance (refund).
  • The Bursar’s Office will process a credit balance (excess financial aid) within 14 days after your financial aid is disbursed to your account.
  • Once the Bursar’s Office audits your account,  the resulting credit balance will be delivered to you based on your refund preference.
  • Bursar’s Office phone number:  1-800-266-6158

One important step remains: you've got to accept your aid!

How to Accept Your Financial Aid

  1. Loans: You have the option to accept, reduce or decline your loans.  Loans will not disburse until you make a selection.
  2. Finally, view our Accepting, Reducing or Cancelling Awards page for more information on how this is done.