What is Pending Financial Aid?

 

The Pending Aid amount represents financial aid that has been awarded but cannot be disbursed at the time of billing.  It may include Stafford loans that have specific disbursement date requirements as well as PLUS and private loans that are subject to credit approval.  The University provides a temporary credit for these types of financial aid that reduces the “You Owe” amount on the Account Summary.  Please note that the source of financial aid (Federal, State, and University) may require documentation to verify income, residency, credit worthiness or other criteria prior to disbursement of the financial aid.  Students remain responsible for payment of all pending aid until it is has been disbursed.