Financial Aid On My Bill/Student Account

Anticipated Aid

Federal Regulations do not permit the University to post scholarships, grants, or loans to students’ accounts until 10 days before the first official day of the term, so aid is listed as Anticipated Aid until it can be applied to the student account.  On the eBill, the total of Anticipated Aid is subtracted from the total of the student’s charges to calculate the total amount due.

If some form of aid is added to the student account AFTER an eBill is posted in PittPAY, the eBill will not be updated because it is only a snapshot of the student account at the moment the eBill was posted in PittPAY. However, new Anticipated Aid will appear on the Current Account Details screen in PittPAY. Once Anticipated Aid appears on the Current Account Details screen, the total Anticipated Aid should be subtracted from the total term charges to calculate the amount due by the due date.

Ensuring Anticipated Loans are Applied to the Student Account

Students attending the University of Pittsburgh for the first time who have Subsidized and/or Unsubsidized Federal Direct Stafford Loans listed as Anticipated Aid on the Current Account Details screen are required by the Department of Education to complete a Master Promissory Note AND Entrance counseling at www.studentloans.gov.  Funds from these loans will never be released to apply to the student account until BOTH of these required processes are complete. 

Students borrowing through the Graduate PLUS Loan program must also complete a Master Promissory note at www.studentloans.gov in order for their funds to be released to apply to the student account.

Students receiving Perkins, Nursing, Pharmacy, Health Professions, Dental or Institutional Loans must complete the federally mandated Master Promissory Note and Entrance Counseling at https://www.ecsi.net/promw2/.  If you are eligible to receive loans from these programs, they will be itemized on your financial aid award letter.

Reducing or Declining Anticipated Aid

If you wish to reduce or decline altogether any aid listed as anticipated aid on the Current Account Details screen in PittPAY:

  1. Email the Office of Admissions and Financial Aid from your Pitt email account with your request. Include the following information in your email:
    • Your full name and student ID number,
    • The exact loan you wish to reduce or decline (Direct Subsidized, Direct Unsubsidized, Direct Graduate PLUS),
    • The academic term(s) you are reducing or declining the aid for (fall, or spring, or fall and spring, or summer),
    • The amount you want to reduce the loan by (for example, reduce the loan by $500),
    • If you are declining a loan altogether, a statement that you want to decline the loan altogether; or
  2. Complete a Student Loan Request and Adjustment Form and send it to the Office of Admissions and Financial Aid; or
  3. Go to the Office of Admissions and Financial Aid in Alumni Hall in person for assistance in reducing or declining your loans.

Scholarships from a Source Outside the University

Please make sure the student's name and seven-digit PeopleSoft ID# are on the scholarship check before forwarding it to the address below. If the check is made co-payable to the student and the University, make sure the student endorses the check before sending it to our office. Scholarship checks may be delivered in person or mailed to:

University of Pittsburgh
Student Payment Center
139 University Place
G-7 Thackeray Hall
Pittsburgh PA 15260

All payments are posted to the student account the day they are received in our office. Monitor the Current Account Details screen in PittPAY to see when the scholarship is applied to the student's account. If the scholarship is $100.00 or more, half of the amount will be applied to the fall term and half to the spring term, unless the awarding entity provides other instructions for applying the scholarship to the student's account.

Student Payment Center
University of Pittsburgh
G-7 Thackeray Hall
Pittsburgh, PA 15260
[See Map]

Hours:
8:30 to 4:45 M - Th
9:00 to 4:45 F

 

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