Overview of the Financial Aid Programs, Awards, and Disbursements

Financial aid is designed to bridge the gap between the cost of attending UVU and what the students and their families are expected to pay. Please see our How to Apply page for general instructions on how to complete the application process.

After UVU has received the student's FAFSA (Free Application for Federal Student Aid) information with a valid EFC (expected family contribution) and the student has completed all other necessary steps in the application process, the EFC, cost of attendance, and other outside resources (known as other estimated financial assistance) are evaluated to determine an award package. The total financial aid and other estimated financial assistance cannot exceed the student's cost of attendance. When the award is offered, an email notification will be sent to the student's UVLink email account. Students can view their awards in their UVLink accounts.

General Award Information


Federal Pell Grants

Pell Grants are considered to be the first source of aid to the student. To receive a Pell Grant, a student must first complete the FAFSA. Additionally, a student must complete any other required items, which could include verification. These required items can be viewed in the student’s UVLink account.

The minimum and maximum award amounts are determined annually by the Federal Government. The student's award amount is based upon the EFC, the cost of attendance, and the payment schedule issued by the U.S. Department of Education.

For continued eligibility for a Federal Pell Grant, a student must meet satisfactory academic progress each semester and continue to meet all other eligibility requirements. A student must complete a new FAFSA and other application requirements each award year. Please see our Eligibility page for more information.

For more information on the application process, please visit our How to Apply page. Please visit the Federal Pell Grant page to view the general terms, conditions, and eligibility requirements for the Federal Pell Grant program.

Federal Supplementary Equal Opportunity Grants

Federal Supplementary Equal Opportunity Grants are awarded to students who meet specific selection criteria. To be considered for Federal Supplementary Equal Opportunity Grants, students must first complete the FAFSA. Additionally, a student must complete any other required items, which could include verification. These required items can be viewed in the student’s UVLink account.

Students with the lowest EFCs and who will also receive Pell Grants in the academic award year will be considered first, to the extent of available funds. If a student is awarded FSEOG, the award will be automatically accepted.

For continued eligibility for a Federal Supplementary Equal Opportunity Grant, a student must meet satisfactory academic progress each semester and continue to meet all other eligibility requirements. A student must complete a new FAFSA and other application requirements each award year. Please see our Eligibility page for more information.

For more information on the application process, please visit our How to Apply page.

Higher Education Success Stipend Program

The Higher Education Success Stipend Program is state aid with limited funding and provides non-repayable aid for eligible Utah residents. To receive an award from the Higher Education Success Stipend Program, a student must first complete the FAFSA. Additionally, a student must complete any other required items, which could include verification, and which a student can review through their UVLink account. Students must also demonstrate financial need, which is based on the EFC.

For continued eligibility for an award from the Higher Education Success Stipend Program, a student must meet satisfactory academic progress each semester and continue to meet all other eligibility requirements. A student must complete a new FAFSA and other application requirements each award year. Please see our Eligibility page for more information.

For more information on the application process, please visit our How to Apply page.

Work Study

Work study is a work program and not a grant. The funds are earned by the student through working. To be considered for work study, a student must first complete the FAFSA. Additionally, a student must complete any other required items, which could include verification. These required items can be viewed in the student’s UVLink account.

For continued eligibility for Federal Work Study, a student must meet satisfactory academic progress each semester and continue to meet all other eligibility requirements. A student must complete a new FAFSA and other application requirements each award year. Please see our Eligibility page for more information.

For more information on the application process, please visit our How to Apply page. Please visit the Federal Work Study Program page to view the general terms, conditions, and eligibility requirements for the Federal Work Study program.

Federal Perkins Loans

Perkins Loans provide low interest loans to help students finance the costs of their education. To receive a Perkins Loan, a student must first complete the FAFSA. Additionally, a student must complete any other required items, which could include verification. These required items can be viewed in the student’s UVLink account.

Once awarded, you must accept your loans in your UVLink account confirming that you want the loan. You must be enrolled in at least 6 credit hours if an undergraduate and 4.5 hours if a graduate (waitlist hours are not enrollment hours) and have met all other financial aid requirements before your loan(s) can disburse. Loans are disbursed by electronic fund transfer (EFT) to your account, usually at the beginning of each semester for which the loan is awarded. If the student accepts a loan but subsequently would like to cancel the loan or decrease the amount, the student will need to complete the Loan Cancellation Request Form and submit it to the Financial Aid & Scholarships Office.

For continued eligibility for Federal Perkins Loans, a student must meet satisfactory academic progress  each semester and continue to meet all other eligibility requirements. A student must complete a new FAFSA and other application requirements each award year. Please see our Eligibility page for more information.

For more information on the application process, please visit our How to Apply page. Please visit the Student Loans Information page to view the general terms, conditions, and eligibility requirements for the Federal Perkins Loan program.

Federal Direct Loans

Federal Direct Loans are low interest loans for students and parents to help pay for the cost of a student's education. The lender is the U.S. Department of Education, though the servicer the student will work with can be a private business. There are three types of Direct Loans: Subsidized, Unsubsidized, and PLUS.

To receive a Federal Direct Loan, a student must first complete the FAFSA. Additionally, a student must complete any other required items, which could include verification. These required items can be viewed in the student’s UVLink account.

Once awarded, you must accept your loans in your UVLink account, confirming that you want the loan (excepting PLUS loans, as your application for these loans indicates an acceptance). You must be enrolled in at least 6 eligible credit hours if an undergraduate and 4.5 eligible credit hours if a graduate (waitlist hours are not enrollment hours) and have met all other financial aid requirements before your loan(s) can disburse. Loans are disbursed by electronic fund transfer (EFT) to your account, usually at the beginning of each semester for which the loan is awarded.

For continued eligibility for Federal Direct Loans, a student must meet satisfactory academic progress each semester and continue to meet all other eligibility requirements. A student must complete a new FAFSA and other application requirements each award year. Please see our Eligibility page for more information.

If necessary, you (or your parent, if a Parent PLUS loan) will need to e-sign a Master Promissory Note (MPN) at www.studentloans.gov. This can be completed approximately three business days after you accept your loan(s). Beginning in the 2013-2014 year, students must also complete entrance loan counseling at www.studentloans.gov.

If you choose to cancel all or part of your loan before disbursement, you must complete a Loan Cancellation Request Form and return it to the Financial Aid and Scholarships Office. If you choose to cancel all or part of your loan after the funds have already disbursed, you must submit a completed Loan Cancellation Request Form to the Financial Aid and Scholarships Office and return the funds to the Business Office. If 120 days have elapsed since your loan was disbursed, the funds cannot be returned to the school and must be returned directly to your loan servicer.

For more information on the application process, please visit our How to Apply page. Please visit the Student Loans Information page to view the general terms, conditions, and eligibility requirements for the Federal Direct Stafford Loan program.

Tuition Payment Plan

The Tuition Payment Plan is offered by UVU and can be used as a temporary solution while waiting for delayed payments. The student is responsible to make timely payments throughout the semester and repay the full amount regardless of their financial aid status.

General Disbursement Information


It is the student's responsibility to ensure that all necessary eligibility requirements are met before financial aid can be disbursed. A student must be enrolled and otherwise eligible for financial aid at the time of disbursement. If the student has met all eligibility requirements, his or her financial aid will disburse no sooner than 10 days before the first day of class. The student should check his or her UVLink account to determine if additional information is required. All grant and loan money will first be applied through EFT payment toward an outstanding student account balance (tuition, fees, etc.). If tuition and fees have been paid and there is a credit balance, the credit will be refunded to the student via direct deposit (if the student has eRefund set up in his or her UVLink account) or in the form of a check, which will be mailed to the address listed in the student's UVLink account. Please allow 3-5 business days for the refund to be processed. This refund money may be used for educational purposes and to pay the cost of attending Utah Valley University.

If a student is eligible to receive Pell Grant and has met all eligibility requirements, the Pell Grant should disburse to the student’s account by the first day of the semester. If the Pell Grant creates a credit balance, those funds may be used for book and supplies. If the student is otherwise eligible and the Pell Grant has not disbursed to the student’s account by the first day of the semester, the student should contact the Financial Aid and Scholarships Office.

Adjusting Credit Hours or Completely Withdrawing After Disbursement


After aid has initially disbursed, for the first two weeks of the semester as a student adds and drops classes the aid will be recalculated, that can change the amount of aid for which the student is eligible. After the second week of the semester, the student’s aid will no longer be recalculated. This is known as the census date. This census date coincides with the 100% tuition refund date published in the class schedule. If the student adds classes after the census date, the student will not receive additional aid and will be expected to pay the tuition. If a student drops classes in the first two weeks and has already received a financial aid disbursement, the student will likely owe aid back. If the aid is not repaid, late fees may be applied. If at the census date the student has withdrawn from classes and is now attending less than half time, an adjustment will be made to the student's COA. This adjustment may result in the student owing previously disbursed aid back to UVU. If the aid is not repaid, late fees may be applied and holds may be placed on the student’s account.

If a student completely withdraws from a semester after having received financial aid, the student will likely have to pay back a portion or all of the financial aid immediately. Check with a Financial Aid Counselor before changing enrollment once financial aid has disbursed.