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Financial Aid and your Bill

Disbursable financial aid such as loans and scholarships will appear as a credit on your student bill once it has been approved and applied to your student account.

If there is a balance due on your bill, it must be paid by the due date shown to avoid assessment of a 1.5 percent monthly late payment penalty. If you are expecting a refund, see the Student Account Refunds page. 

Access eBill to determine what aid has been credited to your account. If you think a credit is missing after reviewing your charges by semester, go to the "Financial Aid" menu in SAIL to review your financial aid award and requirements. 

Students whose financial aid is not showing as "authorized" on their bill should seek assistance immediately to ensure all paperwork has been completed. Have your Grizzly ID number ready.

A student's financial aid credit is based on the student maintaining the status specified in his/her award documents. If a student receiving financial aid is not registered for the required number of credits and/or residence hall status on the verification date (see the Important Dates calendar for each semester's verification date), aid awarded may be canceled or reduced. If the student does not complete the semester, aid also may be canceled or reduced. If financial aid is canceled or reduced after it has been applied to the student account and results in a balance on the account, the student will receive a bill for the amount due to Oakland University. The amount due must be paid by the due date shown on the bill to avoid assessment of a 1.5 percent monthly late payment penalty.

If you are enrolled in a payment plan and you are receiving financial aid, see the OU Payment Plans page for more information.


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