This depends on your specific benefit program. Contact your Financial Aid Advisor for details about your disbursement timeline.
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Maybe! Scholarships are applied to your tuition and fees first.
If your scholarship exceeds your balance, you may receive a stipend.
Note: Having a scholarship doesn’t guarantee a stipend.
They will check the bank to make sure the check has not been cashed and then request you to complete a Check Re-Issue form through your portal.
Let your financial aid advisor know if you wish to have your stipend deposited directly into your personal bank account. They will set up the system to notify BankMobile. Please verify your address and phone number with your financial aid advisor so the information can get sent to the proper location.
Once BankMobile is notified, they will send you an email and a letter with instructions on how to set up the direct deposit. If Herzing sends the funds to BankMobile before you set up your account, you will be notified via email and text that you need to set up your account.
- Your stipend will be labeled as “Stipend” on your Student Account Ledger.
- If sent via direct deposit or BankMobile Vibe, it usually takes 3–5 business days to process.
- If sent by paper check, allow up to 10 business days for delivery via USPS.
You can use your stipend to pay for any educational expenses, including:
- Books and supplies
- Transportation
- Living costs
- Even balances from previous semesters
A stipend is when extra funds are released directly to you—usually because your financial aid exceeds your tuition and fees.
- Stipends are typically issued within 14 days of a credit appearing on your account.
- You can check your account balance and stipend status anytime through your Student Account in MyHU.
A refund happens when financial aid (like federal loans or grants) is returned to the government, your school, or another funding source. This usually happens if:
- You withdraw from the university.
- When your tuition or fees go down, you may not need as much aid, so the extra money is sent back.
Good news: You don’t owe a refund that has been sent back to the government, and no interest or fees are charged on it.
If you’re locked out of your account, it means your account is past due. But don’t panic—there’s help available.
What You Should Do Right Away:
Contact your Financial Aid Advisor as soon as possible. They can:
- Review your account
- Help adjust your payment plan
- Discuss options to get your account unlocked
- Explore other financial support solutions
Why It Matters:
If no action is taken, you may lose access to your classes and student portal. But the sooner you reach out, the more options you’ll have.
You’re not alone. Reach out—we’re here to help you stay on track