Overview of the Federal Aid Process
Below is the general process of receiving federal financial aid at BYU.
Once submitted, it takes 2-3 business days for BYU to receive it.
Check My Financial Center for Tasks and/or YMessages
Click on each Task for instructions on how to complete it.
Not all students are required to verify their FAFSA information. Submit requested documents, asked for through Tasks, ASAP, as it may take several weeks to process.
Once all Tasks are complete, you will receive a YMessage outlining your award eligibility. Pell Grants are automatically accepted for you. Loans must be accepted.
If you are a first time loan borrower you will be assigned two additional Tasks (Promissory Note and Entrance Counseling) that must be done prior to receiving the loan.
Disbursement to student account
Aid posts to your student account 7-10 days prior to the beginning of a semester/term.
Refund to bank account
Any excess aid will be refunded on the third day of classes. Set up Direct Deposit (not payroll) through My Financial Center to receive refunds faster.