Financial Aid Policies

Award Letters

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 clicking on the “Self-Service” button in the middle of the page. Financial aid awards are subject to change.

Enrollment

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.

Disbursements

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 (75% award for 3/4 time, 50% for half time, etc.).
     

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.

Satisfactory Academic Progress

To remain eligible to receive financial aid, a student must demonstrate that he or she is making Satisfactory Academic Progress (SAP) at USF. Satisfactory progress is defined as progressing at a normal pace toward successful completion of a degree program.

Full SAP Policy »

Return to Title IV

The federal government requires the Office of Financial Aid to perform a process called Return to Title IV for students who withdraw, take a leave of absence, or receive all “F” letter grades in a single semester. If you are planning to withdraw or take a leave of absence, it’s important that you review the Return to Title IV policy to understand any implications this may have on your financial aid and student account.

Full Return to Title IV Policy »

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.

More information found in the financial aid guide brochure.

2017-2018 Financial Aid Disbursement Dates

TermDisbursement Date
Fall 20178/14/2017
Intersession 20181/2/2018
Spring 20181/16/2018
Summer 20185/14/2018