Fee Payment and Disbursement of Aid

The Bursar’s Office works in conjunction with the Financial Aid Office to deliver financial aid funds to students in accordance with Federal, State, and Institutional policy.

The Bursar’s Office will:   

  • Determine what fees are paid based on enrollment data.    

  • Send invoices to students to notify them of the amount owed.

  • Sends information to students regarding Title IV Permissions.    

  • Apply financial aid disbursements to Student Accounts for payment of tuition and other enrollment fees.

  • Apply financial aid disbursements to payment of other fees which include parking, laptop computer, and diploma fees if the student has granted permission. 

  • Issue and release credit balance checks to students after all expenses are paid.

  • Notify students by email when a credit balance check is ready to be picked up.

 

The Financial Aid Office will:

  • Verify the students continued academic and financial eligibility prior to disbursement.

  • Authorize the release of funds for fee payment.

  • Send a notice to students no more than two weeks after disbursement to notify students that federal loan funds were posted to their accounts.

Awards made prior to registration dates

Student aid awarded at least one week prior to Registration dates are posted to Student Accounts no more than 7-10 calendar days prior to the first day of classes.  The Bursar’s Office will apply the aid disbursements to expenses assessed for enrollment and other items purchased through the university.  A check for excess funds (or credit balances) will be issued by the Bursar’s Office (Accounting) to the financial aid recipient generally within the first week of classes but no more than 14 business days after the aid was disbursed.  No checks for credit balances will be released to students before the first day of classes.

Awards made on or after registration dates

Disbursements for student aid awarded on or after registration dates typically occur on Mondays of each week.  The Bursar’s Office will apply the aid disbursements to expenses owed to the university and issue a check to the student for excess funds or credit balances usually within 5 business days, but no more than 14 business days after the aid was disbursed.

Bursar’s Office Contact Information

Room Location: Medical School Building, Room B1-218
Hours of Operation: Monday-Friday 8:15am to 3:15pm
Telephone: 318.675.5224
Fax: 318.675.5419
Email: shvbursar@lsuhsc.edu