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Awards and Your Student Bill

The University will bill you for tuition, fees, on-campus housing, and other direct expenses.  Financial aid will cover some — or sometimes all — of those expenses, reducing the amount that you will have to pay.

Note these exceptions:

  • For Federal Direct Loans, you should deduct loan fees from the awarded amount to get the actual amount of money you will receive.  Refer to the Loans section of this site for information about loan fees.
  • Work-Study payments and assistantship payments are earned and are provided in the form of bi-weekly or monthly pay checks. Therefore, your Work-Study or assistantship award should not be included when you’re calculating the amount of aid that will automatically apply toward paying your bill.
  • Because outside/private scholarships are self-reported and come from private sources, do not include these awards  when calculating the aid available to pay your bill.  If the funds are sent by your outside award provider after the semester begins, they will be refunded to you if you do not owe a balance at that time.

To calculate the amount you will owe:

. .Your Student Bill

– Grants and Scholarships Awarded (do not include your own outside/private scholarships)

Net Loans

. .Amount You Will Need to Pay

If the above “Amount You Will Need to Pay” is a negative number (that is, if your financial aid exceeds your total Cashier’s Office bill), you will receive a refund of this difference. REFUNDS WILL NOT BE RELEASED UNTIL AFTER SCHOOL BEGINS EACH TERM.

To see your current outstanding Student Accounts balance, please access your ConnectCarolina Student Center pages. Click “Pay Bills/Manage Student Finances” to view your transactions, including financial aid that has been applied toward your charges.

Direct Deposit allows Student Accounts and University Receivables to electronically deposit your financial aid refund to your personal checking or savings account. It is the fastest method to make your refund available to you. The Cashier’s Office strongly encourages students expecting a refund use Direct Deposit. Follow these instructions to sign up for Direct Deposit.

If your financial aid does not cover the entire balance of your bill, you are responsible for paying the difference. Visit the Cashier’s Office to learn about paying your bill.