Your financial aid offer lists everything you qualify for. Nothing pays out until you decide what to accept.
Three links in the Financial Aid section of your Student Center do all the work.
STEP ONE: AID PAYS YOUR ACCOUNT
Your aid pays into your university account no sooner than the week before each semester starts. Each school starts on a different day, so your date follows your school's calendar. Your aid covers tuition, fees and other university charges first.
STEP TWO: THE REST COMES TO YOU
Anything left after those charges is refunded to you during the first week of the semester, to spend on living costs.
Your offer can be adjusted at any time, even after it pays out. These are the usual reasons.
Borrowing for the First Time?
Your first federal loan at CU Anschutz will not pay out until you complete the entrance counseling and sign your promissory note.
Changed Your Mind After It Paid Out?
You have 45 days from the date a loan pays out to reduce or cancel it through the university. After that, you return the money to your loan servicer directly.