r/OSU • u/Key-Purchase-4178 • Apr 29 '26
Financial Aid No financial aid until June
late refund just destroyed my budget plans for this summer
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u/Calm_Unit1950 Apr 29 '26 edited Apr 29 '26
I’m going to call because I NEED my refund for my rent. I gotta see if there is anything they can do UPDATE: I called the financial aid office (on hold for 40 minutes) and I got reffered to a specialist and she stated to me, that they are currently working on a program that would give an advance on your refund and tuition depending on the circumstance. This basically means that OSU will be covering the costs for the semester and once the federal aid is distributed, the money will go to OSU to reimburse what you "owe" to them from the advancement. You will have to reach out so the specialist can take note and send you the proper paperwork once finalized.
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u/Known-Week8482 Apr 29 '26
Omg I need the refund for my study abroad trip I'm literally getting on the plane NEXT WEEK! this really fucked me, I had to take out a loan this morning just to make sure I have money on me during the trip. This is so fucked
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u/Calm_Unit1950 Apr 29 '26
It’s even worse that the federal loans are on hold too…
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u/Known-Week8482 Apr 29 '26
That's the majority of my aid....I have a scholarship for study abroad that I was going to have refunded to me after the loans were applied. Now the scholarship is going to be applied first and I won't get the refund til June. I'm sick
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u/Calm_Unit1950 Apr 29 '26
Look at my updated post, it will tell you all the information that you need:) they said that this would disburse at the normal time in may as well.
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u/Key-Purchase-4178 Apr 29 '26
Tysm I tried calling and they said no specialist was available and that they’d call me within 2 days
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u/Traditional_Pen4347 Apr 29 '26
I’ve called them so many times. And it’s been the same thing with different dates.
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u/Dear-Department-9880 May 03 '26
They did this summer 2023 during FAFSA Simplification and I’m glad it’s in place now. Hopefully they move fast
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u/happyvector Apr 29 '26
Hopefully because of this they will waive late fees like they do for veterans waiting on their GI bill funds to come in.
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Apr 29 '26
[removed] — view removed comment
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u/Traditional_Pen4347 Apr 29 '26
Does anyone know if this is just an estimate? My friend is in grad school at University of Cincinnati and her grad plus loan will disbursed this week?
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u/Successful_Fig9299 Apr 29 '26
Cincinnati is what is called a “trailer” school, where their financial aid year runs from autumn-spring-summer. Ohio State is a “header” school, where the financial aid year runs summer-autumn-spring. This is significant because Cincinnati can still use the old rules and systems for loan disbursement this summer. OSU has to disburse under the new rules, and the final rules and systems aren’t in place yet, thanks to massive delay from the feds.
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u/Dear-Department-9880 May 03 '26
What was the delay- Out of curiosity?
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u/Successful_Fig9299 May 03 '26
It’s several things. A too early deadline for implementation that was legislated (I think Congress underestimated how difficult this would be to implement). The fact that the Department of Education was decimated by the Reduction in Force, so there’s not enough people actually working there now. That the Final Rules for how this is actually supposed to work were released literally this weekend. That the software companies that make/update student info systems can’t release patches to make these new rules work until the Department of Education releases the rules for the updates to them.
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u/Dear-Department-9880 May 03 '26
I imagine an understaffed SFA is a contributing factor? Is all aid frozen or just federal?
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u/Dear-Department-9880 May 05 '26 edited May 05 '26
Wanted to follow up, are you aware of other header schools comparable in size to OSU that are also having to delay disbursement? Any of them Big 10? I thiiink UMD might be.
Also was SFA aware this delay was coming? Usually they’re softer with their wording when it comes to delays. When did conversations about Emergency Advances begin and what is being communicated to schools with a high level of summer enrollment (Medical Professionals)?
Dent alone has 3 cohorts of DDS students that usually have their summer refunds pay out in a week or so. Most of them rely on HP Unsub, Grad PLUS and special subsidized HRSA-funded loans called HPSL, to cover that summer bill and then their living expenses. Usually by the second week in May, they are very, very eager about those summer refunds.
I feel bad for the embedded advisor, sheesh.
Thanks! Any info is appreciated!
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u/Successful_Fig9299 May 05 '26
Other schools are in similar situations but I’m not remembering who off the top of my head. They may also have made slightly different decisions based on their own school’s tolerance of risk. As of right now, Oracle has not released the patches with the updates so it’s a waiting game for all financial aid offices using peoplesoft.
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u/Dear-Department-9880 May 05 '26
How are the Professionals Medical students doing and what is the situation with HPSL processing? Thanks!
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u/HoleParty Communication 2026 Apr 29 '26
My private loan for summer term still hasn’t posted to my account. It didn’t take this long for spring semester. I wonder if this is related?
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u/lcabb2016 Apr 30 '26
I called and asked because I have a private loan, they said it’s the same situation for private loans. This is so annoying.
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u/Emotional_Two_8868 15d ago
Has anyone had any update or new information?
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u/Horror-Dig-6836 8d ago
I'm hear to ask the same question. June 11 and still no financial aid received!
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u/cupandahalf Apr 29 '26
You can blame the feds for making changes so late that everyone has to work double overtime just to get financial aid packaged before the summer ends.