Award Letter/Disbursements

Once AULA’s Financial Aid Office has all of the documents required to complete your file, we can then determine your eligibility for different types of aid. The Award Letter is a listing of all the aid awards and the amounts of each that you can use to fund your education, broken down by term. For a short lesson in how to read your award letter, click the link below:

Keep in mind that if you are awarded an Estimated Work Study, you will still need to apply and be hired for a position in order to earn it. Check out our Work Study page.

Also, if you are awarded a GradPLUS loan, you will need to apply to determine your eligibility. Since this is a credit-based loan, you may require a co-signer.

If you are already an enrolled student, you can review and download your current award letter by logging onto MyAntioch. If you would like to modify your awards, simply print it out, mark up the letter with your request, sign and date it, check the boxes to accept or decline awards, then return it to our office for processing.

We now provide you with an online option to accept or reject any of your loan options for the year on MyAntioch. However, it is no longer required to return the award letter to us unless you would like to make changes.

Disbursements

Financial aid is credited to your account on a term-by-term basis. If you are expecting credit balance refunds, please be sure to update your address and/or phone number on MyAntioch if it has changed. If your check is mailed to the wrong address, your refund could be delayed for several days.

 

Disbursements for quarter programs:

Federal Direct Stafford loans are generally disbursed during the second week of class. You will receive an email from the Student Accounts Office notifying you of the disbursement and credit to your account.

At the beginning of Week Three (after the Add/Drop period), your enrollment status is confirmed and reported to the National Student Clearinghouse. Any grants, scholarships, and other loan sources are then disbursed.

All disbursed aid funds for students who are not enrolled will be returned.

If the aid we receive exceeds your tuition and fee charges, Student Accounts will refund the credit balance to you. We recommend that you apply for Direct Deposit on MyAntioch so that the funds can be delivered directly to your bank account. If not, a check will be issued and mailed to the address we have on file for you at the end of Week Three.

Disbursements for semester programs:

Since our two semester programs start with a residency, we attempt to have any credit balance refunds ready for you when you arrive, either by check or by Direct Deposit. If you would prefer to have funds delivered directly to your bank account, we recommend that you apply for Direct Deposit on MyAntioch.

All aid funds are generally disbursed 10 days before the first day of the residency to those who are registered. You will receive an email from the Student Accounts Office notifying you of the disbursements and credits to your account.

Your enrollment status is confirmed on the first day of the residency. All disbursed aid funds for students who are not enrolled will be returned.