Disbursements 2

Disbursement Information and Dates for Spring Semester 2016

Timing of Disbursements:

Disbursements for Spring Semester 2016 will begin on January 4, 2016, and continue throughout the registration period.

To see if an award has disbursed, or is anticipated to disburse, check your "Student Invoice Statement" on BuzzPort. Actual disbursements will appear as credits toward your balance.

The "Anticipated Financial Aid" field will remain until January 10, 2016.

For a brief period, you may notice that your "Anticipated Financial Aid" is not on your student invoice and your student account has not been credited. This is normal procedure. You may still view your Financial Aid Awards under "My Award Letter" in BuzzPort and continue to check for your credits to appear on your Student Account before the payment deadline.

Conditions for Aid to Disburse:
  • Valid 2015-2016 FAFSA, and 2015-2016 GT App. View any missing requirements in the "My Requirements and Eligibility" section of Financial Aid on BuzzPort.
  • You must meet all Satisfactory Academic Progress requirements. You may check your financial aid Satisfactory Academic Progress on BuzzPort in the "My Requirements and Eligibility" section of Financial Aid.
  • Funds must have been received by Georgia Tech, including outside scholarships or loans.
  • Timing -- You will be able to view funds on your account beginning January 4, 2016. The disbursement process will continue daily throughout the registration period.
  • You must be properly enrolled for the type of aid you are awarded. View "Enrollment Status" for general guidelines and see below for additional program-specific details.
  • Audit coursework does not count toward enrollment requirements for disbursement, i.e. participation in the Cooperative Education employment program.
  • Effective Fall 2011, coursework that has previously been passed and repeated once, and is then subsequently repeated again, does not count toward enrollment requirements for disbursement. "Passed" is defined as a grade of "D" or better. An exception is any class designated by the Institute as intended to be repeated. Examples include: Special Topics, Special Problems, thesis courses, dissertation courses, etc.
  • Scholarship checks in excess of $1,000 will be divided into two disbursements, with half applying to Fall charges and half to Spring.

HIGHLY RECOMMENDED

  • Check BuzzPort regularly, especially after making any changes to enrollment during the drop/add period. Make sure your fees are paid in full by the fee payment deadline.
  • Financial aid advisors are available on a walk-in basis in the Bill Moore Student Success Center weekdays from 9 a.m. - 4 p.m.
  • January 19, 2016 by 4 p.m. is the final day to pay fees for Spring 2016.

 

Pell Grant

Pell Grant pays a "prorated amount" depending on the number of hours of enrollment. For example, half the amount is disbursed if a student is only enrolled half-time. In some cases a minimum of six hours is required.

HOPE & Zell Miller Scholarship

HOPE pays a portion of tuition based on the actual number of hours of enrollment. Zell Miller covers the full cost of tuition charges assessed up to the full amount awarded.

Stafford & PLUS Loans

Student must be enrolled in at least six hours.

Perkins Loans & SEOG

Amount awarded is based upon full-time enrollment. Less than full-time enrollment requires recalculation of eligibility and that will not occur until registration concludes. 

Institutional Loans

Student must be enrolled full-time.

Institutional Scholarships

Student must be enrolled full-time.

Graduate Student Fellowships/Waivers

Student must be enrolled full-time. Full-time for Graduate Students is 12 hours, 9 of which must be for pass/fail or class credit during Fall and Spring, or 6 of which must be for pass/fail or class credit during Summer.

Outside Scholarships Checks

Student must be enrolled full-time, unless there is written approval from the donor to authorize fewer hours. Checks must be received by January 2; otherwise, the student will need to pay the outstanding balance and be reimbursed for the eligible amount.