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Disbursements and Refunds

Once a student's financial aid requirements are complete financial aid (which includes federal and institutional grants, scholarships, and loans as well as any private educational loans) is disbursed at the beginning of each semester for which the aid was awarded.  To view the disbursement dates for the 2021-2022 Academic Year please see the chart below.

All student loan funds will be disbursed to your account no earlier than 10 days before the first day of class each semester.   The time frame for disbursing loan funds cannot be changed; therefore, we recommend that you be prepared for any expenses (moving expenses, rental deposits, etc.) you may incur before your refund becomes available.

If your total aid exceeds the charges on your bill you will have a credit balance on your student account.  You can request this credit balance, generally referred to as a refund, from the Bursar's Office via your MyNova account through the Bursar Dashboard: Student Refund Request.  Please note that refunds are not issued until after the add/drop period of each semester.  It is highly recommended that you set up e-Refund to get your credit balance direct deposited into your banking account.  For instructions on setting up e-Refund please visit the Bursar's Webpage.  Any questions regarding the V-Bill, amount due, billing/charges, refunds, and refund amount please direct them to the Bursar's Office.

Students have various options for receipt of direct payments from the University (credit balance refunds).  Credit balance refunds can be electronically deposited in the bank account of the student’s choice, including:

  •  A financial account belonging to the student

(NOTE: Students are not required to open or obtain a financial account or access device offered by or through a specific financial institution in order to receive these payments.)

  • Another financial account (such as an account belonging to a parent or guardian)

Other options for receipt of credit balance refunds:

  • Wildcard: Students who would like to have credit balance refunds deposited to their Wildcard must request this action in person in the Bursar’s Office in Kennedy Hall.
  • Check (NOTE: If the student does not make an affirmative selection, a check will be issued in the student’s name and mailed to the permanent home address on file.)

Students may change their previously selected payment option by providing written notice of the change within a reasonable time.

If a student withdraws or requests a Leave of Absence from the University and has utilized Federal Title IV funds during the semester in which they withdraw, the Office of Financial Assistance will determine if any amount of funding will be returned to the Federal program(s) based on the federally mandated calculation. A withdrawal or Leave of Absence from the University is defined as a student who drops all of their courses after the add/drop period for that given semester. Please view the complete policy regarding Return of Title IV Funds.  For information regarding tuition refunds due to a withdraw, please visit the Bursar's webpage.

 

 

2021-2022 Disbursement Schedule 

Full-Time Undergraduate Day Programs

Summer 2021 May 28, 2021
Fall 2021 August 20. 2021
Spring 2022 January 7, 2022

2021-2022 Disbursement Schedule

College of Professional Studies  

Summer 2021 May 28, 2021
Fall 2021 August 20, 2021
Spring 2022 January 7, 2022

2021-2022 Disbursement Schedule 

Graduate Students in an On-Campus Program

Summer 2021 May 28, 2021
Fall 2021 August 20, 2021
Spring 2022 January 7, 2022

2021-2022 Disbursement Schedule 

Graduate Students in an Online MBA and MSA Programs

       Summer 2021
May 17, 2021
    Fall 2021
August 30, 2021
    Spring 2022
January 18, 2022

2021-2022 Disbursement Schedule 

Programs through Online HRD, MPA, and

RN-BSN

Summer I 2021 May  10, 2021
Summer II 2021 July 6, 2021
Fall I 2021 August 30, 2021
Fall II 2021 October 25, 2021
Spring I 2022 January 18, 2022
Spring II 2022 March 14, 2022

2021-2022 Disbursement Schedule 

On Campus HRD

                  Summer 2021             
                   May 10, 2021
Fall 2021 
                  August 30, 2021
  Spring 2022 
                  January 18, 2022

2021-2022 Disbursement Schedule 

BSN-Express Program: May 2021 Cohort

Summer 2021 May 14, 2021
Fall 2021 August 20, 2021
Spring 2022 January 7, 2022

2021-2022 Disbursement Schedule 

BSN-Express Program: May 2020 Cohort

Summer 2021 May 28, 2021
   
   
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New Office Hours:

Monday, Tuesday & Thursday:             8:30 AM-5 PM

Wednesday: 1 PM-5 PM

The University is closed on Fridays from May 14- August 20. 

 

Office of Financial Assistance
Villanova University
800 Lancaster Ave
Kennedy Hall, Second Floor
Villanova, PA 19085
Email: finaid@villanova.edu

Freshman Class of 2025 Financial Assistance Application Deadlines:*

*Financial Aid Applications will be available to complete starting October 1st.

Early Decision I Applicants:            November 15, 2020

Financial Aid Notification:  December 21, 2020

 

Early Action Applicants:               December 1, 2020

Financial Aid Notification:  April 1, 2021

 

Early Decision II & Regular Decision Applicants:    January 15, 2021

Financial Aid Notification:   April 1, 2021

 
  • 2021-2022 Free Application for Federal Student Aid (FAFSA) must be filed online at https://fafsa.ed.gov 
  • 2021-2022 CSS Profile must be filed online at https://cssprofile.collegeboard.org/
  • Signed copies of custodial parent(s)', stepparent's, and student's 2019 US Federal or Puerto Rico Tax Return as well as 2019 Federal W-2's, 1099/1099R's, and all tax schedules must be submitted to IDOC.

*If the student is selected for federal verification, additional documents will be requested.

The Villanova University Financial Assistance Deadline for 2021-2022 Returning Students is:

May 1, 2021 - Completed application materials must be postmarked by this date.

·2021-2022 Free Application for Federal Student Aid (FAFSA) must be filed PRIOR TO this date online at https://fafsa.ed.gov.

·2021-2022 CSS Profile must be filed PRIOR TO this date online at https://cssprofile.collegeboard.org/.

*If the student is selected for federal verification, additional documents will be requested.

*May request 2019 tax documents at a later date

Villanova University is providing emergency financial aid grants to students whose lives have been disrupted by the COVID-19 crisis, many of whom are facing financial challenges and struggling to make ends meet.

In Spring 2021, grants are being funded by the federal government through the Higher Education Emergency Relief Fund (HEERF) II and by the University’s Student Hardship Fund, made possible by institutional funds as well as generous donations from Villanova faculty, staff, alumni and parents.