Accepting Aid

How do I accept my financial aid on MyUSU?


  • If you have a Federal Pell or supplemental grant on your account, it has already been accepted for you.
  • Registering for classes should activate your Federal Pell Grant automatically.
  • The Federal Pell Grant will disburse shortly before your classes begin for each semester.

Student Loan Instructions

  • Please log into your Financial Aid Portal to accept or decline your 2020-2021 loan offer.
  • Please log into your Financial Aid Portal to accept or decline your 2021-2022 loan offer.
  • The Financial Aid Portal shows your estimated costs and does not reflect your actual charges.
  • Select your decision from the drop-down menu next to your offer.
    Please be aware that the amount you accept will usually split in half automatically between the fall and spring semesters.

Please note the following issues:


  • The Banner system will not allow you to accept an unsubsidized Direct loan if you have not accepted the subsidized Direct loan first.
  • If you only accept a partial amount of your Direct Subsidized loan, MyUSU will not let you accept any Direct unsubsidized loan. You will need to contact our office to re-offer the subsidized loan.
  • Federal Direct loans are charged between 1.0% to 1.5% in origination and guarantee fees. These fees are deducted from the loan before payment.

Please note the following about Pell grants:


The grant amounts on display are what you would receive if you are enrolled full time - 12 or more credits. However:

When you enroll, grants will prorate or adjust based on enrollment:

  • Full amount for 12 or more credits per semester
  • 3/4 amount for 9-11 credits per semester
  • 1/2 amount for 6-8 credits per semester
  • 1/4 amount for 1-5 credits per semester

In addition to the rules above, Pell grants below a certain amount have additional rules:

  • Full-time Pell grants below $398/semester will only pay if you are enrolled 12 or more credits.
  • Full-time Pell grants below $598/semester will only pay if you are enrolled 9 or more credits. The 9 credit amount will be less than the full-time amount.
  • Full-time Pell grants below $1248/semester will only pay if you are enrolled 6 or more credits. The 6 and 9 credit amounts will be less than the full-time amount. 

Students who have received 12 or more full-time semesters of Pell grant are no longer eligible for Pell grants. Your Pell grant award, if any, may be reduced or cancelled as you get close to the 12 full-time semester limit. We will notify ineligible recipients of any changes or cancellations.

Please note the following about federal student loans

What to do after you've been awarded:

  1. Review your financial aid offer.
    You can review your federal aid on MyUSU after we notify you. If your family's financial circumstances have changed due to extenuating circumstances or if you have unusual expenses, please contact your financial aid counselor to discuss an appeal. Extenuating circumstances might include the loss of a job, child care expenses, high out-of-pocket medical expenses, added expenses for computer and school supplies etc. 
  2. Register for classes.
    You must be enrolled in classes and begin attendance to receive financial aid.
  3. Check your charges.
    Your accepted financial aid funds will be automatically applied to your charges. Check your account summary on MyUSU after you accept your awards. If you owe more than the estimated or pending financial aid, you must pay the balance before fee-payment deadline to prevent your classes from being dropped. Please note: loans require additional steps before they pay automatically. If for some reason you lose your classes, you can always re-register a few days later. USU also offers tuition payment plans on the MyUSU/Touchnet System.
  4.  Receive remaining funds by mail or direct deposit. 
    If you have remaining financial aid funds, a check will be sent to your mailing address during the first week of class. We encourage you to have the funds deposited into your checking account by setting up direct deposit on MyUSU.

Your award is based on information reported on the FAFSA and may be revised if errors were made.