Disbursement of Aid

All financial aid awards except for work study and grants from private external sources are credited to students’ accounts on the 11th class day pending completion of verification, loan entrance counseling and master promissory note, if required. Grants from private external sources are not credited to a student’s account until Lyon receives the funds. Work study earnings are paid directly to students every month. Students can apply work-study earnings to their student accounts by endorsing their check and presenting it to the business office.