Financial Aid on Your Account
Your financial aid award should appear on your tuition bill, either as an actual credit or as a pending item (anticipated credit).
If the expected aid is not shown, please check for any outstanding financial aid requirements on MyUNH or contact the Financial Aid Office directly.
Promissory Note
A promissory note must be signed by the borrower before a loan is disbursed to a student account.
A promissory
note is a contract between a borrower and a lender that includes
all the terms and conditions under which the borrower promises
to repay the loan.
Stafford - Stafford Promissory Notes can be completed either electronically at your lender's website or on a paper form, which is then mailed to the lender. For information on Stafford Lenders, follow this link: Stafford Loan Lenders
Perkins - For those students who have been awarded Perkins loans, Promissory Notes will be mailed in mid-July and must be signed and returned to UNH Business Services by early August.
PLUS or Alternative - For Parent PLUS Loans or Alternative Loans, applications must be completed and promissory notes returned to your lender by early August in order for proper credit to appear on the student account.
Entrance Counseling
Important!! First time UNH borrowers must complete entrance counseling before Stafford or Perkins loans will disburse to student accounts. For more info: Entrance Counseling
Disbursement of Aid
Most loans and grants are split over the academic year–half toward fall and half toward spring. This means, for example, that a $1,000 loan will be applied in equal $500 payments each semester. Students and families borrowing alternative or PLUS loans intending that they be applied other than half-fall/half-spring should specify on their loan applications.
College Work Study
Work-Study funds are not applied to the student’s account. These funds are paid biweekly through a paycheck to the student throughout the semester based on the number of hours worked in a work-study position.
Non-University Scholarships
Non-University scholarships are those that come from an outside organization - scholarships that are not issued by the University.
Students who have received non-University scholarship awards should notify UNH as soon as possible. Send both scholarship award letter (as soon as it is received) and scholarship check (once it arrives) to:
UNH
Business Services
Attention: Non-University Scholarships
11 Garrison Avenue
Durham, NH 03824
If the check is made out to the student, it should be endorsed with the following statement: “Pay to the Order of UNH,” then the student’s signature.
Important
- To ensure proper credit, please do not send scholarship checks with regular student account payments to our Manchester, New Hampshire address.
- Scholarships will be shown as pending credits on student’s bill once proper documentation has been received at UNH Business Services.
- If your scholarship award is contingent upon grades and will not be paid to the University until the end of the semester, you may not deduct the scholarship amount from your tuition payment. When the check is paid to the University, a refund will be issued to you for any overpayment of your account.
Company/Agency Sponsorship
Students receiving sponsorship by government agencies, ROTC, school districts, companies or other third parties should forward notices, bill authorizations or other evidence of the sponsorships to:
UNH
Business Services
Attention: Third-Party Billing
11 Garrison Avenue
Durham, NH 03824
Non-University sponsorships must be pre-approved by the UNH Credit Department. Sponsorships that specifiy completion of coursework prior to payment are not accepted. If a company or agency has a reimbursement-to-student policy, the student is responsible for paying the total charges to UNH at the time of registration.
Please see Student Remittance Form instructions for sponsorships not credited on the tuition bill.
Students with company / agency sponsorship should be aware and have agreed that the University will release relevant student account information to the sponsorship provider.