Financial Aid Disbursements

All financial obligations to Regis University will be deducted from the financial aid awards (other than Student Employment which is paid through the payroll process as funds are earned) before a refund check can be issued.

Loans are disbursed in equal installments after all requested documentation is received. If the loan covers two semesters, two equal amounts will be disbursed. If the loan covers three semesters, three equal amounts will be disbursed. Required fees are subtracted from the loan proceeds of all federal loans before net disbursements are processed. Consult studentloans.gov for specific loan fee amounts.

 

Undergraduate On-Campus Students

Financial aid funds are posted to your student account after all the following conditions are met:

  1. Once enrollment is verified, scholarships, grants, and loans are automatically credited to your student account at the beginning of the semester. 
  2. You must be enrolled at least half time. For undergraduates this means you are attending at least 6 credit hours. For graduates this means you are attending at least 3 graduate credit hours or 6 undergraduate hours that are required prerequisites for your degree (documentation from your academic advisor may be required). All courses must apply to your degree program. Repeated courses, if previously passed, can be counted one time only. Repeated courses, if failed, can be included.

Adult Undergraduate and Graduate Students

Financial aid funds are posted to your student account after all the following conditions are met. 

  1. You are enrolled at least half time. For undergraduates, this means you are attending at least six credit hours. For graduates, this means you are attending at least three graduate credit hours or six undergraduate hours that are required prerequisites for your degree (documentation from your academic advisor may be required). All courses must apply to your degree program. Repeated courses, if previously passed, can be counted one time only. Repeated courses, if failed, can be included.
  2. Your classes have actually begun and the add/drop period has passed. 

 

Credit Balances

If you have a credit balance from your financial aid, you will receive a refund check within 14 days from the date funds are posted to your student account. Typically, refunds are available within 72 hours of disbursing to your account. We strongly encourage you to set up Direct Deposit with Student Accounts to receive your refund as quickly as possible. If you do not set up Direct Deposit, your refund will be mailed to the address we have on file.  

You have the right to cancel all or part of a loan disbursement. If you wish to do so, please notify us in writing within 14 days of your loan disbursement. Once financial aid loans disburse into your student account, you will have a loan balance with your lender even if you do not cash the check. If you want to apply the refund to your loan balance, please return the check along with a written request to Enrollment Services.

Please Note: All loan funds must be disbursed on or before the last date of attendance for the loan period or your loan proceeds will be returned to your lender, the federal government. Loan funds cannot be disbursed when you are not enrolled (i.e., between semesters).

We strongly encourage all students to set up Direct Deposit. If a financial aid refund is generated, having direct deposit in place is the fastest way to receive your refund. Paper refund checks are mailed once a week. To take advantage of the Direct Deposit option, log into the Ranger Portal at rangerportal.regis.edu and sign up under Banking Information.

 

It’s important to note that your loan disbursements may be delayed because:

  • You have not completed your online Entrance Counseling as a first-time borrower
  • You have not completed your Master Promissory Note
  • You are a graduate student taking undergraduate courses required for your degree, in which case your funds are posted after the add/drop for six hours of undergraduate courses
  • You are taking classes at another institution through an approved consortium agreement. Loans are paid after enrollment has been verified and the add/drop has passed at the other institution. 

Location, Contact Info and Hours

Financial Aid

Location:
Main Hall 4th floor


Office Hours:
Monday-Friday
8:30 a.m. – 5 p.m.

Counselor Hours:
Walk-ins accepted from 9 a.m. – 4 p.m.
Appointments are encouraged


Contact:
rufinancialaid@regis.edu
303.458.4126
800.568.8932

Location, Contact Info and Hours Google Map