Student Finances FAQ

FAQ

How do I apply for financial aid?

How do I tell if BYU-Idaho received my FAFSA?

  • View your Financial Aid Portal to see any financial aid you have been awarded. (If BYU-I has received it, it will show as a satisfied document in your portal.)
  • See if your FAFSA application was processed or submitted on the Federal Student Aid website

I have already submitted my FAFSA but I have not seen my financial aid offers. What should I do?

  • Go to the FAFSA website and verify that the academic year for your FAFSA application is correct.
  • Make sure that BYU-Idaho has your correct Social Security Number and birth date. If they are incorrect, see Demographic Changes for how to update to the correct information. Please note, after you have made changes, it takes 24-48 business hours for updates to show on your student account.
  • Check your portal to see if you are required to submit any verification documents. Those must be completed and processed before aid is awarded. See Viewing Missing Documents.

How do I know if anything else is needed for my financial aid?

  • To see if anything else needs to be submitted for your financial aid to be awarded to you, see Viewing Missing Documents

What financial aid do I qualify for?

I've been offered federal student loans, how do I accept them?

  • To accept loans, see How to Accept/ Decline Loans.
  • If it is your first time accepting a federal student loan, you will need to complete a Master Promissory Note (MPN) and Entrance Counseling following the instructions in your Required Document list in the Financial Aid Student Portal. 
  • Once your loan offer is accepted (and you have completed your MPN and Entrance Counseling if needed), the loan funds should appear in your student account within 2-3 business days once the semester has started.
  • Deadline for accepting loans: You can accept offered loans for the current semester up until the last two weeks of the semester. See Loan Policies for more information about accepting loans.

How do I check charges on my student account?

I need to pay for some things, when will I get my financial aid?

  • Financial aid is typically disbursed within the first two weeks of the semester if you have met the deadlines and submitted any required verification documents. (If you attended the previous term, your grades need to be posted so that the Financial Aid Office can check your eligibility before your aid can be released.)
  • Books: If you are needing to purchase books for your classes, you may charge the balance to your student account which gives you 30 days to pay off the charges. For in person pickup, use your I-number and for online orders, select "Campus Charge" at checkout.
  • Housing: If you are worried about housing payments, speak with your housing manager to let them know you are waiting on financial aid. 
  • Late fees: If you have NOT met the Federal Aid Priority Deadline for submitting your FAFSA, you will be subject to late fees (5% of the unpaid balance) which are added to your student charges one week after tuition is due unless you pay your balance by other means. 

How do I get my financial aid to apply to my student charges and can I choose what it pays for?

  • Financial Aid will automatically pay for tuition charges, class fees, and on campus housing (Centre Square Apartments and University Village).
  • To see if it has paid your student charges, look at your Personal Account Summary. Click on "show history" to see if there was a balance and how it was paid.
  • It will NOT automatically pay for other student charges like graduation fees, health center fees, university store charges, parking permits/fines, or other miscellaneous charges. To allow your financial aid to pay for these charges, you will have to authorize BYU-Idaho to do so. 
  • Financial Aid Authorizations are under the "Authorizations" tab in your financial aid portal. 

How do I get a non-BYUI scholarship applied to my student charges?

How was my financial aid applied to my student charges?

What happens to extra or leftover financial aid?

  • An email will be sent to your student email letting you know that the remainder of your financial aid is being refunded to you. 
  • You can also look in your Personal Account Summary under "Financial Aid Accounts" and "show history" to see if you have been refunded. 

How do I sign up for eRefund?

  • Signing up for eRefund will allow BYU-Idaho to refund any remaining aid electronically to your bank account which takes 2-3 business days.
  • If you do not enroll in eRefund, a check will be mailed to you within 2 weeks with the remaining aid. 

I still have questions, who can I contact?

  • If you have questions about your financial aid, we are happy to assist you! Agents are ready to answer your questions or refer you to a specialist if needed.

    • Call or text us at (208) 496-1411
    • Live chat with us from the BYU-Idaho webpage by clicking on the blue text bubble icon in the bottom right icon
    • Email us at financialaid@byui.edu with your name and I-number
  • Please be aware that responses may be delayed during busier times during the semester (i.e. during registration, at the beginning of the semester, etc.).

Was this helpful?
0 reviews

Details

Article ID: 8244
Created
Fri 1/8/21 6:43 AM
Modified
Mon 8/16/21 4:27 PM