Financial Aid Distribution at BYU-Idaho: What You Need to Know
How Financial Aid is Disbursed
The processing of BYU-Idaho Scholarships and Federal Financial Aid starts on the first day of the semester.
- Allow 3-5 days for financial aid to process
How can I tell if my financial aid has been processed?
In your financial aid portal:
- Under Financial Aid click View Details on each scholarship, Pell Grant or Loan.
- Click on the semester and then a box will appear with the status of your aid.
- If the Payment status is Scheduled the aid is still processing.
- If the Payment status is Paid then the aid has been processed with Financial Aid
- If there is a canceled award and a second award that is scheduled, the canceled portion can be disregarded.
When your financial aid status is Paid in your financial aid portal, it follows this process:
- Notification of Aid is sent to the Student Financials (Accounting Services) office to be processed to your BYU-Idaho student account
- Expect to see your aid reflected in your student account in 24 hours.
- It automatically covers
- Outstanding tuition
- Required Fees
- On-campus housing charges
(Only Center Square and University Village complexes are on-campus housing)
- To automatically cover additional charges, complete the Federal Financial Aid Authorization
Receiving Remaining Financial Aid Funds
- Fastest and safest method: eRefund (direct deposit)
- eRefunds are processed and disbursed by the BYU-Idaho Student Financials (Accounting Services) office
Submitting FAFSA After Priority Deadlines
- You can still submit your FAFSA after the Priority deadline!
- you can submit FAFSA at any time during the academic year
- You can still receive federal aid if you are eligible
- However, aid may not be available by the tuition due date
- Late submissions may result in late fees so be prepared and pay your tuition at the beginning of the semester!
- Sign up for eRefund and any financial aid you qualify for can be deposited in your bank account once it has been processed