Anticipated-Aid and Disbursement of Financial Aid

Anticipated Financial Aid

Anticipated financial aid is a credit that the Office of Financial Aid (OFA) has on record as aid awarded and accepted by a student and is expected to disburse to the student account. Students are not responsible to pay for the portion of the bill that is covered by anticipated financial aid (see note below*). OFA updates the Student Accounts Office (SAO) of anticipated aid credits on a regular basis.

Students will not be responsible to pay for the portion of their bill covered by anticipated aid in the absence of the required documents, unless a specified deadline has past. Deadlines for required documents are emailed to students individually and students are expected to submit these requirements within the requested timeline. If documentation is not received, funding may be cancelled and subsequently removed as anticipated aid. Students may view their documentation requirements at MyFinaid.

*Please note: if a student is sponsored by a Third Party Contract (i.e. outside organization), the third party is required to complete the requested Third Party Contract Online form. As degree programs are assessed tuition as flat rate, SAO sends invoices to sponsors as tuition and fees are assessed. However, for non-degree programs that are assessed as per-credit, to ensure correct bills are sent to a third party, bills are not generally sent until after the 2nd add/drop period of each term. Therefore, the third party is not required to make the payment by the initial term due date, but is required to submit the online form. It is the student’s obligation to make sure that their third party makes payment within that term. Lack of payment by a third party in one term may jeopardize a student’s ability to register for the next term. If the third party fails to make payment, it is ultimately the student’s responsibility to pay their bill in full.

Viewing and accepting Financial Aid

Students that are receiving financial aid may view and accept/decline/reduce their current awards by visiting MyFinaid.

All financial aid awarded by Harvard (scholarships and/or loans) is disbursed directly onto the student’s account. If a student is receiving financial aid and they do not see it reflecting on their account or within MyFinaid, they should contact OFA to ensure that all forms have been received from either the student, an outside agency, or from an academic department within the School.

Disbursement of Financial Aid

Disbursement dates at the School vary depending on a myriad of factors, such as the type of funding, when the fund is awarded, when a student applies for financial aid, and/or when documentation is received. Below are some specific types of funding and the standard processes of disbursement.