Federal Direct Loans

Disbursement Process

All payments you owe to the University are charged to your USF student account, which is maintained by the University Controller's Office (UCO).

Funds are paid to your student account each term after your add/drop period ends. Current term charges posted to your student account will be deducted of any financial aid applied. If all current term charges have been paid and a credit balance results, remaining funds will be eDeposited to your personal bank account (if you subscribed via OASIS). If you have not subscribed to eDeposit, UCO will mail a check to the local address listed in OASIS.

Signing up for eDeposit is easy to do and you get your refund up to a week faster. Sign up for eDeposit by logging into OASIS and click on "Subscribe to eDeposit" under the "Student" tab.