Disbursements Disbursements

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Disbursement: When funds are disbursed or credited to a student's account at the University of La Verne.

Financial aid that exceeds the amount the student owes to the University for direct-costs will be disbursed to the student in the form of a refund check or direct deposit to cover non-institutional educational costs such as books and supplies, off-campus housing and transportation. If eligibility requirements for each award have been satisfied, these disbursements will take place the second week of the term or semester for all programs with the exception of College of Law.  College of Law students will have their funds disbursed seven days before the start of the semester.

Student Refunds

If eligible, a refund check or Direct Deposit will be generated within 14 days of the date your student account goes into a credit status. Checks are mailed to your mailing address. Please click here if you need instructions on how to set up a Direct Deposit account.

A student who is eligible for a refund due to excess financial aid and who used a credit card to pay any and all of his or her tuition and fees will have a refund processed to his or her credit card up to the amount of the payment. This policy applies to all credit card transactions, regardless of the order of payment. Any credit over the amount paid by credit card will be processed through direct deposit or paper check.

Financial Aid Disbursement Schedule

Financial Aid ProgramTimeline of Disbursements
California Programs:
Cal Grants A & BAfter the add/drop period
La Verne Programs:
La Verne Leo Merit AwardAfter the add/drop period
La Verne 1891 Merit AwardAfter the add/drop period
La Verne Founders Merit AwardAfter the add/drop period
La Verne Trustees Merit AwardAfter the add/drop period
La Verne Performance AwardAfter the add/drop period
La Verne Named ScholarshipsAfter the add/drop period
La Verne GrantsAfter the add/drop period
La Verne LoanAfter the add/drop period
Federal Programs:
Federal Pell GrantAfter the add/drop period
Federal SEOG GrantAfter the add/drop period
Federal Perkins LoanAfter the add/drop period
Federal Stafford Loan7 days before the start of the term for law school. After the add/drop period for other populations
Federal PLUS LoanAfter the add/drop period
Federal Grad PLUS Loan7 days before the start of the term for law school. After the add/drop period for other populations
Outside Scholarships/Awards:
Outside ScholarshipsUpon receipt of award

Students must meet eligibility requirements before financial aid is disbursed. Eligibility requirements include, but may not be limited to the following; registered for classes, maintaining satisfactory academic progress, enrolled in the correct number of units and satisfying and completing necessary documentation. Financial aid programs are subject to federal, state, institutional, and lenders funding levels. Forms, dates and requirements are subject to change.

Notice of Disbursement and Right to Cancel Federal Loans

As a student or parent borrower, you have the right to cancel the entire loan or any portion (a specific disbursement) of any federal Stafford, Perkins or PLUS loan. Requests to cancel a specific loan disbursement may be submitted prior to the date of crediting to your account or within 14 days from the date you receive official notification from the Student Accounts Office that loan funds have credited to your account. To request cancellation of a loan disbursement, please complete a Request to Cancel and Return Loans Form. No interest will be charged and loan fees will be returned to the loan holder.

Cancelling your loan disbursement could cause a balance to be due which you will be responsible for paying. This is especially true if you have received a bookstore voucher or a refund due to excess funds (credit balance) on your account.

Repayment AFTER the Designated Time Period

You cannot cancel your loan disbursement if the designated time period described above has already passed. Instead, you can repay the loan disbursement directly by contacting the loan holder (Direct Loan Servicer for Federal Direct Loans or the Student Loan Specialist at the University of La Verne for Perkins Loan). The borrower (you for student loans; the parent borrower for parent loans) will be responsible for any interest that may have accrued and/or any loan fees.


Contact Contact

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The Office of Student Accounts is located at the corner of 3rd and B Streets in Woody Hall. For any questions, comments, or concerns, please call Student Accounts at (909) 448-4060 or (888) 788-2455. To fax us documents, please call (909) 448-1662.

Summer Hours of Operation

8:00am-5:00pm, Monday, Tuesday, Thursday, and Friday
10:00am-5:00pm, Wednesday

Email: stuaccts@laverne.edu.

Please include the last 4 digits of your Student ID number when emailing.


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