Anticipated financial aid is aid that has been awarded but has not been disbursed. You should compare your financial aid award to your bill to ensure you have enough to cover your outstanding balance. You can view both your Award letter and Bill through Bay Navigator (MassBay’s online portal).
Remember, financial aid is awarded based on a full-time schedule (12+ credits). If you are registered for less than 12 credits, your aid will be adjusted at the end of the Add/Drop period for any and all classes you are enrolled in. Please be aware that you may reviewed multiple times if you are enrolled in various sessions. For example if you are enrolled in Day Classes and 8 Week courses in the same semester, you will be reviewed twice, at the end of each session’s Add/Drop period. Please remember that different types of aid have different credit requirements, click here to view. Financial Aid is always disbursed after the semester has started and attendance has been verified.
If you have a student loan, you must complete the loan acceptance process before it can be disbursed. You will be notified by MassBay email about your next steps.
If you have financial aid remaining after subtracting your bill, you may use these funds to buy your books and supplies in the form of a voucher at the MassBay Bookstore during a period of time in the beginning of each semester. Click here for more information on Book Store Vouchers/Allowances.