Financial Aid

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Where's my money?


  • Once you have submitted a processed FAFSA, this is what you must do to get your financial aid to pay your tuition and receive any remaining funds.
  • Click the links below for more information.
  • You may have to log back into MyUSU in a different tab.

Before you are offered financial aid:

  1. Satisfy any financial aid requirements.

After you are offered financial aid:

  1. Review & accept terms and conditions.
  2. Review & accept your financial aid award.
  3. Satisfy any loan requirements.

Paying for classes:

  1. Register for classes.
  2. Check your charges.
  3. What to do if you still owe.
  4. Receive remaining funds.

While you receive financial aid:

  1. Make academic progress each semester.
  2. Reapply for next year.





Before you are offered financial aid:

1. Satisfy any financial aid requirements

  • Login to MyUSU
  • Click on the Banner button.
  • Click on the "Financial Aid (FAFSA) Menu " link.
  • Click on "To-Do List."
  • Click on any unsatisfied requirements before financial aid deadlines.
  • Submit required forms to the financial aid office or,
  • Contact our office if you have any questions about unsatsified requirements.
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After you are offered financial aid:

1. Review & accept terms and conditions.

  • Login to MyUSU
  • Click on the Banner button.
  • Click on the "Financial Aid (FAFSA) Menu " link.
  • Click on "Accept Your Aid."
  • Click on "Terms and Conditions" tab.
  • Review and accept the terms and conditions.
  • Back to top.

2. Review & accept your financial aid award.

  • Login to MyUSU
  • Click on the Banner button.
  • Click on the "Financial Aid (FAFSA) Menu " link.
  • Click on "Accept Your Aid."
  • Click on "Accept Award Offer" tab.
  • Follow instructions to accept your aid.
  • Most grants are already accepted.
  • Back to top.

3. Satisfy any loan requirements.

  • Login to MyUSU
  • Click on the Banner button.
  • Click on the "Financial Aid (FAFSA) Menu " link.
  • Click on "Loan Steps."
  • Review unsatisfied loan requirements to see if you must complete loan counseling or sign a promissory note.
  • Click on links to satisfy these requirements.
  • Please allow 1-3 business days for USU to receive a response.
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Paying for classes:


1. Register for classes

2. Check your charges - Don't lose your classes.

  • Be aware of each semester's Fee Payment Deadlines!
  • Check your Account Summary by Term on USU Access in the Student/Registration menu before fee-payment deadline.
  • Look for "Authorized Financial Aid as of" and "Memos as of" messages.
  • If your "Current Due net of Authorized Financial Aid" is zero, you will not lose your classes.
  • If your "Account Balance net of Authorized Financial Aid Memos" is zero or negative, you will not lose your classes.
  • If your "Account Balance net of Authorized Financial Aid Memos" is a positive dollar amount, you must pay this difference to avoid losing your classes.
  • You must pay any difference between your pending financial aid and your USU charges before tuition payment deadline or sign up for a payment plan or you will lose your classes and have to register for them again.
  • Once you have accepted your financial aid funds and completed other steps, your funds will be automatically applied to your charges before the semester unless:
    - you have a temporary financial aid hold on your funds after transferring from another school or,
    - you are on financial aid warning or probation and we waiting for grades to post or,
    - you are no longer eligible for financial aid due to the previous semester's grades.
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3. What to do if you still owe.

  • If you owe more than the estimated financial aid, you must pay the remaining balance before fee-payment deadline to prevent your classes from being dropped.
  • You might want to consider a tuition payment plan.
  • If you lose your classes, your financial aid is still available but you will need to re-register to activate it.
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4. Receive remaining funds during the first week of class by mail or direct deposit.

  • If you have remaining financial aid funds, a check will be sent to your mailing address around the first week of class.
  • You can have access to your funds more quickly by arranging to have the funds deposited into your checking account:
  • Login to MyUSU
  • Click on the "Financial Aid" tab.
  • Select "Direct Deposit."
  • Provide the requested information and save.
  • Back to top.

Please note, Pell grants and other grants will not pay for late-added courses after the last day to add, generally the third week of fall or spring term. There are some exceptions for summer enrollment only.





While you receive financial aid:


1. Make academic progress each semester

  • To receive and maintain federal financial aid, federal law requires you to be making "satisfactory academic progress" toward a degree.
  • All students must maintain a minimum grade point average: 2.0 for undergraduates, 3.0 for graduate students. We only count USU courses for this standard.
  • Undergraduates must earn passing grades in 67% of the courses listed on their transcript. Incompletes, repeated courses, audits, Rs, Fs, Ws, and WFs do not count as passing grades. We count USU and transfer courses for this standard. More Detail
  • All students must complete their degree before attempting the maximum credits allowed (listed below). Attempted credits include all graded courses, transfer courses, testing credits, Pass/Fails, repeats, as well as Fs, Incompletes, Rs, Ws, and WFs.

    - Associate Degree:  You must generally be able to complete your degree before attempting 75 credits.
    - First Bachelors Degree: You must generally be able to complete your degree before attempting 180 credits.
    - Additional Bachelors Degree: 60 credits
    - Masters Degree: 60 credits
    - Ph.D.: 60 credits

  • Students who fail to meet the standards above are put on financial aid warning. They can still receive financial aid after completing a warning worksheet. They have one semester to get back into overall good standing.
  • Students on financial aid warning and probation must contact our office after their grades post to see if they are eligible for aid next term.
  • More information about USU Satisfactory Academic Progress
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2. Reapply for next year.


Back to USU's Financial Aid Homepage

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