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Disbursement Information

 

Sign up for Direct Deposit and receive priority when disbursements are made. Choosing Direct Deposit means that your financial aid or scholarship refund (the amount after institutional charges are deducted) may be deposited directly into your personal checking or savings account at your bank. You can sign up for Direct Deposit on-line at our Student Accounts Services web site. You can enroll in the program, make account number changes or cancel your eRefund (Direct Deposit) option. If you do not sign up for Direct Deposit, your funds will be mailed to you in the form of a check. More information about eRefund(Direct Deposit) signup is located on the Direct Deposit web page.


If you are registered and your aid is available, Financial Aid and Scholarship disbursement begins the Thursday before classes start each semester for students who have signed up for direct deposit. All other disbursements are mailed after classes begin.

During the semester, direct deposit transactions are processed three times per week. For students who have their checks mailed, checks are printed every Friday and mailed the following Monday.

If you have a valid email address on your WebPortal account, you will be notified via email each time you receive a Financial Aid/Scholarship disbursement (otherwise, you will be notified by U.S. mail).


It is the policy of San Diego State University to directly apply financial aid and/or scholarship funds to current year registration fees, residence hall charges, and other institutional expenses (including financial aid overpayments) before releasing funds to students. A student may request that their Cal Grant B Access Grant be disbursed directly to them. This request can be made at any time; however, if the grant has already been disbursed, the request would affect only future payments. The request may be made, in person, to the University Disbursements Office.

Cashing your check: As of February 1, 2007, SDSU checks are written from a Wells Fargo Bank account. Wells Fargo has agreed to cash checks made payable from SDSU to a student whether or not you have a bank account. There is no charge to the student for this service.

To Locate branches near SDSU at the Wells Fargo Bank Web Site.

 

Federal Perkins Loan recipients are required to complete and sign legal documents prior to disbursement. The completion of all documents and the signing of the promissory note is online. You will receive email notification from SDSU's billing service, Educational Computer Systems, Inc (ECSI) when your documents are available.Recipients of the University Long Term Loan will be notified by University Disbursements staff when your documents are ready.

 

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