How We Apply Financial Aid to Your Account
Placing Funds on Student Accounts
Here's how different types of financial aid will be applied to your student account:
Will be applied to your account approximately the second week of the quarter.
Non CityU Scholarships
Scholarships from outside sources will come to City University of Seattle as a paper check, and be applied to your
account automatically. If the organization requires that you endorse the check it will be mailed to you to endorse
and return to City University of Seattle. Once the check has been returned it will be applied to your account.
Pell and FSEOG grants will be applied to your account approximately the second week of the quarter.
Stafford Loans (Subsidized and Unsubsidized)
Are applied to your account electronically provided all paperwork is complete.Funds are first released to City
University of Seattle within the second or third week of the quarter and provided that all processing has been
successfully completed. City University of Seattle will continue to receive funds throughout the quarter every
week thereafter. Excess funds will be released within 14 days; see Refund Checks to Students.
Private Education Loans
Are sent to City University of Seattle as a paper check. Depending on your program, the check will be made out either to CityU or co-payable to both the student and CityU.
- If the check is payable directly to CityU, we'll apply it to your account up to 10 days prior to the first day of class.
- If the check is co-payable to you and CityU, we'll mail it to you to endorse and return to us. We'll apply it to your account as soon as it's been returned.
The Business Office processes refunds electronically (when funds are received) and it takes about 14 days. CityU uses direct deposit
for refunds and this can be set up through a student’s bank account. Students should log into the Student Service Center Finance
section to set up direct deposit. Refunds processed by Friday will be deposited into a student’s bank account by the following
Tuesday. Students who haven’t signed up for direct deposit and have their refunds processed by Friday will receive a check. All
checks are mailed the following Monday to the student’s address on file.
If you still have a balance owed after financial aid has been applied to your account, you'll need to make arrangements with our business office to settle your balance.
Registration, grades, transcripts and diplomas will be held until all charges have been paid and your account has been cleared.