Financial Aid Disbursement

Disbursement is the process of having your financial aid, scholarships, or other awards pay for your NAU tuition and other university charges. It is handled by the NAU Office of the Bursar, not the Office of Student Financial Aid.

Office of the Bursar
P.O. Box 4079
Flagstaff, AZ 86011
(928) 523-3122
Web: www4.nau.edu/bursar
E-mail: bursar@nau.edu

Financial aid funds are disbursed at specific times during the year. Contact the Bursar for the disbursement dates of a specific term.

It is your responsibility to pay for your classes by the term or session deadline. Once you have enrolled in classes you will need to pay the difference between your available aid and the amount of tuition/fees you owe. Tuition waivers, whether full or partial, can only be applied to tuition. Be sure to pay any university or class fees from out-of-pocket funds, cash scholarships or other financial aid before disbursement can take place.

Once your NAU charges have been paid, your remaining award funds will be directly deposited into your checking or savings account. In LOUIE, the disbursement process is referred to as "refunding" your extra financial aid.

To receive your extra financial aid money as quickly as possible, sign up for Direct Deposit using forms from the Office of the Bursar. Direct Deposit authorizations take five days to activate so submit your request at least a week before disbursement is scheduled. If you do not use Direct Deposit, your extra financial aid money will be mailed as a check to your "refund" or "preferred" address listed in LOUIE. You cannot pick up your check in person.

Financial aid awards are based on the number of units or credit hours you will take. Changes to your anticipated number of units must be made in writing prior to the disbursement of your financial aid. Any changes in units may result in a change to your award amount. If there is a discrepancy between anticipated hours and the number of hours for which you are enrolled, your financial aid will not disburse. If your funds are not successfullly disbursed, your awards may be cancelled and your classes dropped. Once financial aid has been disbursed, you cannot decrease your anticipated number of units.