Skip to main content

Financial Aid Disbursement

Financial aid can help cover charges on your Northwestern student account, including tuition, fees, housing, and meal plans. You can view your account balance and charges in CAESAR.

Most financial aid is automatically applied to your student account. In most cases, you do not need to take any additional action for your aid to be credited to your bill, as long as you have completed the requirements needed to receive your aid.

How Aid Disbursement Impacts Your Account

  • It appears as a credit on your student account.
  • Credits reduce the amount you owe.
  • Other credits and payments, such as tuition deposits, housing deposits, and personal payments, also reduce your balance

Check your account:

You can monitor charges, financial aid credits, payments, and any remaining balance through your student account in CAESAR.

Aid that appears on your Student Bill on CAESAR

Most financial aid is disbursed directly to your student account in order to cover your charges.

Payments Made Directly to Your Personal Bank Account

Anticipated Aid

Financial aid may be listed on your student account as "anticipated aid" until the beginning of the term and/or until the funds are actually received. If the quarter has started and you still have anticipated aid that has not disbursed to your account, make sure you have completed all of your requirements so your aid can be processed:

Funding Advances

If all of your aid/loan requirements are complete but your aid refund is not available through CAESAR at the beginning of the quarter, you may be eligible to request a partial financial aid refund, called a "funding advance." You may request an advance in person at the financial aid office for up to $1,000 via direct deposit (1-2 business days). Advances may be issued up to a maximum of $1,000 per month, as long as the credit is available in your account.

Advances cannot be issued against outside scholarships, athletic scholarships, merit scholarships, or work-study earnings.

Short-Term Loans

Students may be eligible to borrow a short-term, interest-free loan from Northwestern to help with unanticipated expenses that are not covered by financial aid. If you are in need of this resource, you must meet in person with a financial aid counselor to determine how best to proceed regarding your specific circumstances and expenses. Alternative options or accommodations may be available depending on the situation.

You may be eligible to borrow a maximum of $500 in a quarter, and the loan must be repaid to the University by the end of the quarter in which it is borrowed. No loan interest or fees are charged for short-term loans; however, failure to repay your short-term loan on time may result in late payment fees and/or registration holds.

Short-term loans may only be made during periods of enrollment, and are not available during reading week, finals week, or breaks between quarters. Be sure to bring your valid Wildcard ID to the financial office when requesting a short-term loan. Same-day processing is available if the request is approved and received by Depository Services before 4pm, Monday through Friday.

If the Financial Aid on the Bill Doesn’t Appear Correct...

Please reach out via email to undergradaid@u.northwestern.edu so we can help guide your next steps. We may be able to help you submit information regarding private loans, outside scholarships, or other sources of financial aid. If the amount of financial aid doesn't appear correct, we may be able to clarify or troubleshoot if there is an error.

If You Have Questions About Your Bill's Charges

If, on the other hand, you have questions about the charges on the bill (tuition, fees, health insurance, etc.), refer to the specific department for contact information on your paper invoice, or contact the Student Finance office for assistance.