When will financial aid be applied to my account?

Your financial aid will be applied to all University fees and charges.

Federal financial aid may be applied to allowable charges only (tuition, general fees, off-campus fees, textbook rental fees and on-campus room and board charges) provided you notify SFS by email at sfs@semo.edu. If choosing this option, you are responsible for paying any other miscellaneous charges on your account by cash, check or credit card. You may cancel or modify this authorization at any time.

If all of your paperwork has been submitted and processed, you are enrolled in the required number of hours and meet all program criteria aid is disbursed as follows:

  • Federal Stafford and Federal Direct Loans
    No earlier than 10 days prior to the beginning of the semester.
  • Institutional Scholarships (those based on mid-term grades and/or performance criteria)
    The week of or week immediately following the date requirements are fulfilled and our office is notified.
  • State Grants and Scholarships
    Determined by the state but usually occurs within the first few weeks of the semester.
  • All Other Federal, State, Institutional Aid (not student employment)
    Beginning the second week of the semester.
  • Student Employment
    Paid directly to you through a paycheck or direct deposit on a bi-weekly cycle.
    To sign up for direct deposit for payroll, please complete the Direct Deposit Authorization Form for payroll, and return it with your completed Student Work Referral paperwork to Human Resources.
  • Summer Session Aid
    If enrolled in pre-Sessions, second week of this session (loans). First and second week of eight-week session (loans and all other aid).

Aid is disbursed on several times a week for students who become eligible after the semester begins.

If my aid is greater than my charges, when will I get a refund?

Refunds are processed within 14 days after a credit balance exists* or after the start of the semester, whichever is later. Refunds will continue to be processed on a weekly basis throughout the semester.

Refunds can be directly deposited to your checking or savings account or sent by check to your permanent home address.

If you wish to sign up for direct deposit, this can be done through the Student SS tab in the Southeast Portal.

Direct Deposit Instructions

If direct deposit is not on file before a refund is processed, the refund will be mailed as a paper check to the permanent home address on file.

*A credit balance exists when there is a credit (or negative total) on your Account Balance; pending aid (aid not yet paid to your account) will defer against your account to help adjust the amount currently due.

Phone
Location
Office
Academic Hall 019
Mailing Address
One University Plaza, MS 3740
Cape Girardeau, MO 63701
Hours
/ Weekdays: 8 a.m. - 5 p.m. / Wed.: 9 a.m. - 5 p.m.
Summer Hours / Weekdays: 8 a.m. - 4 p.m. / Wed.: 9 a.m. - 4 p.m.
Cashiers Office / Mon., Wed., Fri.: 1 - 4 p.m.