Financial Aid Policies
USF no longer sends paper award letters to students, but you can view, and accept or decline your financial aid award on our online portal, myUSF Student Self-Service.
You can access your award by clicking on the link above, logging in with your USF username and password and from the dashboard, click student self service. Financial aid information is found under the financial aid tab.
University Grant, Merit Scholarships, Transfer Scholarships and Institutional Aid
Not available for intersession or summer semesters. Must meet the enrollment guidelines listed below and continued satisfactory academic progression requirements. University Grant and Merit Scholarships are only awarded for up to 8 semesters; Transfer Scholarships 6 semesters.
Less than 6 units - not eligible for any financial aid.
6-8 units is 1/2 time - University aid is pro-rated at 50%; federal and state aid prorated according to federal/state rules. Loans can be disbursed at 100%.
9-11 units is 3/4 time - University aid is pro-rated at 75%; federal and state aid is prorated according to federal and state rules. Loans can be disbursed 100%.
University grant/scholarship is only available for 8 semesters. If a student enrolls half time at any point, that term still counts as a semester of aid used. Thus, the student is still only entitled to 8 semesters, even if enrolled in 10 or more.
Undergraduate students who graduate in Fall semester will have their student loan prorated to match the number of units the student is taking in their final semester.
Cal Grant Recipients: Cal Grant funding is limited to 4 academic years. In order to graduate in 4 years, you must complete 16 or more units per semester. Create a plan with your academic adviser to ensure you will graduate in 4 years.
When financial aid is paid to a University on your behalf, this is called a "Disbursement." Award funds are disbursed to USF student accounts on a pre-scheduled date each semester, and pay for billed charges such as tuition and fees. If the student's financial aid exceeds their billed charges, the credit balance is refunded to the student (or parent, if requested, in the case of some Parent PLUS loans). Learn more about refunds.
In order for a financial aid disbursement to occur:
- All financial aid requirements must be satisfied. Most requirements can be completed online, and you will find links and instructions for completion in myUSF Student Self-Service.
- The student must be registered for classes. Some awards require a minimum registration of half time (6 units for Undergraduates, 3 for Graduates), or full time (12+ for Undergraduates, 6+ for Graduates), and some are pro-rated based on enrollment.
The date must be at or beyond the pre-scheduled disbursement date for the semester. The financial aid office is not allowed to disburse aid more than 10 days before the start of the semester, and usually selects a pre-scheduled date on which financial aid disbursements will take place. This date is chosen based on Federal regulations and your degree program. No aid for the semester may be disbursed before these scheduled dates, and no exceptions will be made. For upcoming disbursement dates, please see our disbursement calendar below.
Graduate Students Direct unsubsidized loans will be offered in equal disbursements between reported terms of enrollment. Students may apply for a Direct Grad Plus loan to cover any remaining balances or living/educational expenses. The office of financial aid reserves administrative authority to decline unequal loan disbursement request.
2019-2020 Financial Aid Disbursement Dates
Undergraduate and Graduate (excluding law)
Fall....................…………....................... August 12th, 2019
Spring..................………...................... January 13th, 2020
Summer Session I, II, and IV............... May 10th, 2020
Summer Session III,V, and VI.............. June 8th, 2020
Summer Session VII............................ July 10th, 2020
Private Loans*…………......................... Vary Depending on Lender
Students have the right to appeal to the financial aid office, with supporting documentation, regarding their financial aid awards or eligibility. Appeal decisions are final. You may amend a financial aid appeal by resubmitting the appeal with additional supporting documentation.
Code of Conduct: Education Loans
The University of San Francisco does not participate in any revenue-sharing arrangements with any lender, nor does the University receive gifts from any lender, a guarantor or a loan servicer for providing Loan Funds to its student population.
The USF Private Loan Comparison is a list of lenders that USF has successfully worked with in the past and that USF students have borrowed from over the past five or more years. Students are not limited to these options when choosing a lender. USF approves or denies loan requests based on enrollment only. Any student receiving a private loan must be enrolled in at least one class. Any student receiving Federal Direct loans must enroll at least half time. If these conditions are not met, USF may deny the student loan certification.