DISBURSEMENT OF FINANCIAL AID

If you are a first time loan borrower or new to WVU you must complete an Entrance Interview and sign a Master Promissory note before your loans can be disbursed.

Please note there is an origination fee which is taken from your loan at the time of disbursement.

Financial aid administered through WVU's Financial Aid Office will be applied to charges for tuition (and housing if applicable). Any funds remaining after all charges are paid will be mailed beginning the first week of classes to the student's local or refund address on file with Admissions and Records.

To make sure your local address is current, check the STAR system or call Admissions & Records at (304) 293 -2124.

Most financial aid will be available at that time, however, some types of assistance coming from sources outside WVU (some state assistance and private scholarships) may be late in arriving.

It is your responsibility to check the availability of such funds with the Office of Students Accounts (billing and payment office). They may be reached at (304) 293 - 4006.

If you are required to make personal payment on your account, WVU offers three different payment options.

1. 60/40 Plan - For fall and spring semesters, tuition and fees may be paid in two installments. 60% (after applying financial aid) is due by the payment date shown on your invoice and the remaining 40% is due by the end of the sixth week of classes. For more information, contact the Office of Student Accounts at (304) 293 - 4006.

2. Tuition PayPlan - An interest free payment plan for students or parents wishing to pay tuition/fees and room/board in monthly installments. There is an enrollment fee. For more information, contact AMS at 1-800-635-0120 or log on to www.TuitionPay.com .

3. Other - West Virginia University accepts cash, checks and all major credit cards including Visa, Mastercard and Discover.