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ScholFinAidI
Home » Admissions » Scholarships and Financial Aid » Managing Your Financial Aid Award » Financial Aid Payments to Students » Why Your Aid May be Delayed

Why Your Aid May be Delayed

If aid is not credited to your account, check to be sure that you have completed all paperwork required to receive your financial aid. The most common financial aid delays occur because the following items have been overlooked:

  • Additional information requested by our office has not been submitted.
  • The number of hours for which you are enrolled does not match the number of hours for which financial aid was awarded.
  • A signed Master Promissory Note is not on file with the Direct Loan Program if you are receiving a Direct Stafford or PLUS Loan.
  • Loan entrance counseling required for first-time borrowers with the Federal Direct Stafford Loan program has not been completed.
  • The signed Federal Perkins Loan promissory note has not been returned to the Bursar's Office.
  • You are not registered for the necessary number of hours to receive the funds awarded. Most funds require at least 6 hours per semester; however, some scholarships and state grants require 12 hours per semester.

 
When the problem is resolved, aid will be credited to your account provided you meet all eligibility requirements.

If your account is not correct by the time you arrive on campus for classes, you should contact our office to resolve the problem.

  • Financial Aid Payments to Students
  • Awards Made Before the Beginning of the Academic Term
  • Awards Made or Revised After the Beginning of the Academic Term
  • How You Will Be Paid
  • Why Your Aid May be Delayed
Why Your Aid May be Delayed, Scholarships and Financial Aid, Ball State University


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