Office Of Scholarships & Financial Aid
1201 S. State Street,
CSS 101,
Big Rapids, MI 49307
(231)-591-2110
[email protected]
Meet with Financial Aid Advisor
Students who have completed all requirements and have excess financial aid will receive direct-deposit refunds on the following dates:
Students eligible for financial aid refunds will have until January 27, 2025 at noon to set up direct deposit, to prevent refund delays.
Please note that if a parent indicated on a Parent PLUS Loan application that any excess aid was to be refunded directly to the parent, a refund check will be mailed to the parent on the check release date - January 31, 2025.
Students eligible for financial aid refunds will have until May 28, 2025 at noon to set up direct deposit, to prevent refund delays.
Please note that if a parent indicated on a Parent PLUS Loan application that any excess aid was to be refunded directly to the parent, a refund check will be mailed to the parent on the check release date - May 30, 2025.
Students eligible for financial aid refunds will have until September 09, 2025 at noon to set up direct deposit, to prevent refund delays.
Please note that if a parent indicated on a Parent PLUS Loan application that any excess aid was to be refunded directly to the parent, a refund check will be mailed to the parent on the check release date - September 12, 2025.
If you have community college classes that have a late starting date, some or all of your financial aid may not disburse to your account until after the late session class has started and verification of enrollment has been completed.
Consortium students who have completed all requirements and have excess aid will receive refunds on the following dates
Student Financial Services at Ferris State University sets up a billing account for each enrolled student. Your billing account will include any charges that are payable to FSU, such as tuition, room and board charges if you live on campus, parking permits, etc.
Financial aid disburses,or pays, directly to your student billing account. Because FSU bills one semester at a time, your financial aid is generally divided evenly between the fall and spring semesters - half for fall and half for spring.
If your financial aid is not enough to cover all of your charges, you will be billed for the difference.
If you have excess financial aid, then you will receive a refund of the excess. Excess financial aid is to be used for the educational purposes intended, which include the following categories: tuition, room and board, books and supplies, personal expenses and transportation costs.
For students who did not have all of their financial aid requirements completed by the first disbursement date of each semester, aid will be disbursed on the next scheduled weekly disbursement date after all of the requirements have been met.
Search "Direct Deposit" in Ferris360 to set up direct deposit. You will need your bank routing and account numbers to set up direct deposit.
*Note: You are responsible for any overdraft fees that may be charged to your bank account. It is your responsibility to confirm that funds have credited your bank account before you access those funds.