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How do I get my financial aid?
All federal aid funds and
school-certified alternative loans are applied directly to your
student account in the Office of Bursar Operations. If the
amount credited to your account is greater than the amount you
owe to the University, you will be issued a refund for the
credit balance. Following, you will find useful information
regarding completing registration on your fee bill and ensuring
that your funds are disbursed in a timely manner.
The
Schedule Booklet is a source of important information regarding registration, fee
bill availability, payment dates, and much more. USE IT!!
Fee Bill Information
Fee bills are made available on
PAWS. To access your fee bill, log in to PAWS and click
‘Registration Services’ then ‘Fee Bill.’ You are responsible
for ‘completing registration’ on your fee bill. Click
here
for instructions. Completing
registration notifies LSU that intend to attend the upcoming
semester and ensures that your classes will not be purged.
For students who have completed the
financial aid process and accepted an award package, financial
aid will appear as an ‘Anticipated Financial Credit’ on your fee
bill.
In order for financial aid to appear as an Anticipated
Credit on your fee bill, Undergraduate students are required to
have at least six hours to receive loans for summer, fall and
spring loans.
If you need to add course(s) to meet
the above requirement, please do so through PAWS. Your fee bill
will update automatically.
If you are unable to pay the entire
amount due, you may select the “Deferred Payment” option by
clicking “Registration Services” on PAWS. This will allow you
to pay only half of the amount due and pay the other half in
installments throughout the semester.
Disbursement Information for Financial Aid (including Pell, SEOG,
ACG, SMART, Perkins loans, Stafford loans, PLUS loans, and
Alternative loans that have been certified)
For any of the above mentioned types
of aid to disburse, you must have completed all necessary steps
in the financial aid process and any other steps required by the
lender of any loan you have accepted. For most programs, you
must also be enrolled at least half-time at the time of
disbursement. Special Note to Pell grant recipients:
The Pell grant is prorated based on your enrolment on the day of
disbursement. If you add or drop courses during the Add/Drop
period after your Pell grant has credited to your fee bill, your
Pell grant will be adjusted after the Add/Drop period is over.
Additional Pell disbursements or refunds of Pell funds for which
you are no longer eligible will be made after the Add/Drop
period.
Financial aid disbursement dates are
set for the week prior to classes beginning each semester. View
the
Financial Aid Calendar
for specific dates. If you expect to receive a credit
balance, please allow up to 7 business days for the Office of
Bursar Operations to process a direct deposit or refund check.
Your financial aid will not credit
to your student account following the appropriate disbursement
date until you complete registration on your fee bill.
To receive any financial aid refund
as quickly as possible, direct deposit is recommend. You may
sign up for direct deposit through the “Financial Services” link
on PAWS. (Please note this option is not available for parents
expecting a Parent PLUS loan refund. All Parent PLUS loan
refunds are mailed by check to the parent.)
If you prefer to have a check
mailed, please make sure that your LOCAL MAILING ADDRESS is
current. You can verify/make changes to your address by
clicking “Personal Preferences”, then “Directory Information” on
PAWS.
If you add courses after a financial
aid refund has been processed, you should view your Billing
Statement on PAWS to determine the balance due.
The Office of Undergraduate Admissions and Student Aid will begin offering emergency loans for books on
the first day of classes each semester, and will continue
through the first two weeks of classes. You must be a full time
student, not on probation, have completed registration, and have
not received a credit balance refund from LSU. Emergency loan
amounts are $300 for undergraduates and $500 for graduates.
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