Award Process - How and When Funds are Disbursed

Your Award Letter will advise you of the dates we will initiate the disbursement process for each term (Fall, Spring and Summer). After your tuition and fees are paid, funds are issued to you for the amount of financial aid that exceeds your charges.  If you have not requested your funds to be sent Direct Deposit (ACH), a paper check will be mailed the first business day following the disbursement date.  We strongly recommend students sign up for direct deposit as this is a much faster and efficient process.

If you have requested that your funds be sent Direct Deposit (ACH), the funds should be in your account two to three business days after the disbursement date.  If you want your funds electronically sent to your bank account, please go to http://www.utmb.edu/accounting/forms/bursar/studentdd.pdf, complete the Direct Deposit Authorization Form, and submit it to the Bursar's Office at 301 University Boulevard, Galveston, Texas 77555-0117. 

School of Medicine Students are billed for the entire year, at the beginning of each year.  If you want to sign up for the Installment Plan, you must sign up no later than 10 days before the start of the first term of the year, or your entire year's charges will be due when classes begin, and taken from your first financial aid disbursement.