Disbursements
All scholarships and grants on your Financial Aid Award Notice will be accepted automatically and applied to your account unless you notify the One Stop in writing to the contrary.
Upon your acceptance, Federal loans will pay to your account in accordance with federal regulations and Miami's disbursement schedule.
If your aid has disbursed prior to the beginning of school and you have received a refund via check or a direct deposit for the excess financial aid, you can use those funds to buy your books. Charge privileges are only available at an on-campus bookstore during the first week of school. Contact the One Stop to determine if you are eligible.
Advanced Financial Aid Funds
If you have completed all financial aid requirements and your financial aid exceeds your bill, you may be eligible to get advanced financial aid funds to purchase books, course materials, supplies, and equipment.
Miami issues advanced financial aid funds each term to Regional students that have earned less than 16 credit hours at Miami. Oxford students are eligible for advanced financial aid funds during Winter term. Advanced financial aid funds can only be used through Miami’s Online Textbook Source.
The advanced financial aid amount is based on the number of credit hours you are enrolled. The funds are credited to your Student ID Card and the purchases you make are added to your bursar account and will be paid by your pending financial aid. Eligible students will receive an email with further instructions and a timeline for utilizing the funds.
Disbursement Dates
| Term | Campus | Disbursement Date |
|---|---|---|
| Fall | Oxford; Regional students with 16+ credit hours earned at Miami | 8/12/2022 |
| Fall | Regional (students with less than 16 earned credit hours at Miami) | 9/10/2022 |
| Winter | Oxford/Regional | 1/6/2023 |
| Spring | Oxford; Regional students with 16+ credit hours earned at Miami | 1/13/2023 |
| Spring | Regional (students with less than 16 earned credit hours at Miami) | 2/10/2023 |
| Summer | Oxford/Regional | 5/6/2023 |
| Term | Campus | Disbursement Date |
|---|---|---|
| Fall | Oxford; Regional students with 16+ credit hours earned at Miami | 8/18/2023 |
| Fall | Regional (students with less than 16 earned credit hours at Miami) | 9/16/2023 |
| Winter | Oxford/Regional | 1/5/2024 |
| Spring | Oxford; Regional students with 16+ credit hours earned at Miami | 1/19/2024 |
| Spring | Regional (students with less than 16 earned credit hours at Miami) | 2/17/2024 |
| Summer | Oxford/Regional | 5/11/2024 |
For other important dates, please see the One Stop dates and deadlines calendar.
Disbursement Holds
Aid disbursement may be placed on hold for a variety of reasons, including, but not limited to:
- Missing verification documents
- Missing documentation, such as your SSN card
- Entrance counseling not completed
- Missing Master Promissory Note
- Enrolled less than full-time (full-time is 12 or more credit hours for undergraduate students)
Review and complete any Unsatisfied Requirements and Holds on the Home tab in Banner 9 Self Service - Financial Aid.