Disbursement of Financial Aid & Paying Your Bill
Prior to each academic term, you will receive an electronic Student Account Statement (bill) from Duke University's Office of Student Financial Services. This bill lists all term-based charges (ex: tuition, fees, health insurance). Your financial aid package will appear on your bill as "anticipated aid". When you have satisfied all requirements for the disbursement of financial aid, your "anticipated aid" will be applied to your account.
If funds from your financial aid exceed the total charges, Student Financial Services will mail or direct deposit your refund. Students who opt for the On-line Student Direct Deposit feature are responsible for ensuring the accuracy of the routing and banking account number to avoid delays in receiving their funds. For more information and instructions about setting up On-line Student Direct Deposits, visit the Bursar website.
If your financial aid funds are less than the total charges, you are required to pay the remaining amount shown by the "due date" indicated on the upper right corner of the bill. Late fees will apply to all payments after the due date. You may view your student account by logging on to your ACES account.