Receiving Your Aid
After you've applied for financial aid, continue to check your Titan student email for your official financial aid award notice, which outlines the terms and conditions of any aid you've received or been offered.
Financial aid awards such as grants and scholarships will automatically post to your account, except for loans and work-study funding, which you must formally accept as explained below.
Check the timeline section of this page for how and when aid is dispersed. Once you have accepted financial aid funding, it is your responsibility to maintain your eligibility for that aid. If you have any questions, please contact the Financial Aid Office.
How We Calculate Awards
We initially calculate financial aid award packages based on full-time status (12 or more credit hours). Some scholarships are calculated based on 18 credit hours. Following each term's add/drop period, we recalculate awards based on the actual number of credit hours you're enrolled in.
You must register for all parts of term (full-term, session, and minimester courses) at the beginning of the semester and officially drop courses during the add/drop period in order for your financial aid to accurately reflect your course load each term.
If you never attend, stop attending, or totally withdraw from classes, your awards will be subject to a federal repayment formula, and you'll be required to repay some or all of the aid you received.
How To Accept a Loan
If your official financial aid award package includes one or more loans, you must formally accept them as follows:
How To Accept or Request Work-Study Funding and Find a Job
Your financial aid package may include an offer of work-study funding, the federal program that involves you being paid for a part-time job. EFSC aid packages now include a notice about eligibility for work-study, which you need to accept through the aid section of Titan Web once logged in to myEFSC. Once you've done that, you must apply for an EFSC work-study eligible job using our new online system following the information on the program details page.
If your 2023-24 Aid Package did not include a work-study offer, you could still be eligible and should request an additional eligibility determination from the Financial Aid Office following the steps below.
⇒ Sign in to the myEFSC Portal and navigate to the Financial Aid Forms and Upload section.
⇒ Select the Aid Change Request Form and be sure to select Work-Study Request when filling out and submitting the form and enter "23-24" as the academic year.
⇒ Once the Financial Aid Office has received your work-study request, we'll review your account and send you an email notification containing your eligibility outcome.
⇒ Remember, if you're eligible to receive work-study funding, you'll need to locate and interview for specific positions you're interested in so you can earn that portion of your aid package:
When Will I Receive My Financial Aid?
The Financial Aid Office disburses award funds on different dates throughout each semester based on the part of term your classes fall in and whether or not you're a first-time borrower.
AID Disbursements
Most borrowers receive their disbursements on a general disbursement date, but in order to comply with federal regulations, first-time borrowers will receive their disbursements 30 days after classes begin.
When EFSC financial aid funds are dispersed, we automatically apply those funds to your tuition and book voucher charges.
Refunds
If your final financial aid award exceeds your tuition and book voucher charges, then you'll be eligible to receive a refund to use for living and other educational expenses.
EFSC disburses these funds on designated refund dates each term via a third-party processor called BankMobile Disbursements, a technology solution powered by BMTX, Inc.
You will receive a personal code from BankMobile via snail mail or email that you can input to set up your direct deposit and receive your refund.