Payment
Financial aid pays (or disburses) no earlier than 10 days before the start of each semester. Current term aid is disbursed continuously throughout the semester on Tuesday and Thursday evenings. Aid is credited to UIC student billing accounts. Based upon notification of other awards or changes in enrollment, financial aid and bills can change at any time (even after the semester ends).
Students can check their current student account balance, including any aid disbursements, at www.my.uic.edu. After logging in, select the "Student" tab, then select the "Student Self-Service Billing" icon.
Students cannot receive aid until satisfying all outstanding requirements and accepting Award Notifications online. By accepting financial aid awards students accept all terms and conditions associated with each award. It is a student’s responsibility to review and understand the terms and conditions of each award program.
Refunds:
If aid exceeds the charges on a student account, the University Bursar will issue a refund for the surplus. Students must enroll in direct deposit with University Bursar to receive a refund. For more about refunds, direct deposit, and free banking options, see www.paymybill.uillinois.edu.
UIC does not have a book voucher program. Students who intend to use financial aid funds to purchase books must do so after receiving a refund.