Award Notification

After the Office of Financial Aid has determined the type and amount of aid for which a student qualifies (aid package), the student is emailed an Award Notification.

Disbursement Procedures:

• Awards are based on full-time enrollment. If a student is enrolled for less than 12 credit hours each semester, the award may be reduced/prorated. The final award adjustment occurs on census date (about the 12th day of school each fall and spring semester and the 8th day of the summer semester).
• Grants, Scholarships and Student Loans: All financial aid awards (with the exception of out-of-state loan checks, consortium checks and some scholarship funds) are disbursed into the student’s account. The Bursar’s Office deducts any outstanding balance owed, including current tuition and fees, and issues a check for the remaining funds. This check is either mailed to the student or the student can pick it up at the Cashier’s Office. This check can be used to purchase books and pay other educationally related expenses.
• Parent Loans: Any excess of Federal Parent PLUS funds is either sent to the parent borrower or to the student, whoever the parent indicated on the PLUS application.
• Work Study: Work-study earnings are paid biweekly and are treated as wages earned. Outstanding balances owed to MSU Denver are not deducted from these earnings; however, students are strongly advised to pay any outstanding balance as soon as a work-study check is received.

Please refer to the MSU Denver website, msudenver.edu, for information regarding proration of aid disbursements.