Start Your Financial Journey

Review your financial aid offer and complete your next steps to accept or decline optional financial aid offers like work-study and direct student loans. June is a great time to complete this so that your accepted aid will show as a pending credit on your student bill. 

By the end of June make sure you have set up proxy access and authorized payer access for your parent(s), family members, or supporters so they can view and discuss your billing and financial aid information, and have completed your student health insurance decision.

Set Up Proxy and Authorized Payer Access

If someone will be helping you manage the financial aspects of your education, be sure to set up proxy and authorized payer access. This allows your parent(s), family members, or supporters to view and discuss your financial aid and billing information, and (for authorized payers) receive billing notifications and make payments on your account. Without this access, our office can only speak with you about the details of your financial aid, billing, or federal tax information. Learn more about Proxy and Authorized Payer Access.

Complete Your Tasks in the UVM Aid Verification Portal

If additional information is needed to complete review of your financial aid application, you will receive an email with instructions. Follow directions in the email to review any requested items and complete outstanding tasks as soon as possible.

Submit Your Outside Scholarships

Congratulations on receiving a scholarship! Visit our page on submitting outside scholarship information for details on how to notify our office and send in your scholarship payments. 

The Difference Between Federal Direct Subsidized and Unsubsidized Loans

Use our guide to help understand the difference between a Federal Direct Subsidized and Unsubsidized loan. Explore more information about these loans on our Federal Direct Loan Information page or at StudentAid.gov.

Learn More About the Federal Work-Study Program

Are you considering working this year? If yes, be sure to visit Student Employment's federal work-study page for more information.

How to Accept Your Financial Aid

Review the steps to accept your financial aid here at UVM. For more detailed guidance on completing the accept and/or decline process, see Step 5: Accept and Finalize Your Aid Offer on the How to Apply for Financial Aid page.

Complete Your Federal Direct Loan Entrance Counseling and Loan Agreement

You've already accepted your aid. Complete your Federal Direct Loan Entrance Counseling and Loan Agreement or Master Promissory Note (MPN) so your loans will pay to your student account by the bill due date.

Complete the Online Health Insurance Decision/Waiver Form

Annually, students must complete the health insurance decision/waiver form by July 1. Learn more about insurance requirements and deadlines and how to access the form through the Center for Health and Wellbeing site. 

In early July, review and set up your payment options.

How Your Parent Can Apply for a Federal Direct Parent PLUS Loan

If your parent is planning to borrow through the Federal Direct Parent PLUS loan to help finance your education, have them view this step-by-step guide. Learn more about this loan at Federal Loan Information and then have them begin the process of Applying for a PLUS Loan through the Federal Student Aid website. 

Learn More About Private Educational Loans

Private educational loans can be one option to consider when financing your education. We encourage you to review UVM's preferred lender list to explore options and compare terms. Visit our private educational loans page for tips on choosing a loan and accessing the preferred lender list. 

Learn More About Our Monthly Payment Plan Option

One payment option to consider is a monthly payment plan. Learn more about the monthly payment plan option or other payment options you can consider to settle your bill.

Using Your 529 Plan

After you have reviewed your bill, you can request a payment from your 529 Administrator so that it is received prior to the billing due date. For more information about 529 Plans and other ways to finance your UVM education along with what we need to make sure your on-time payment arrives to your student account, please view our payment options.

If you are thinking of working this year you can start your job search. It's also a good time to take care of your bill before the due date, to avoid a financial hold preventing access to add courses and a late payment fee.

How to Read and Respond to Your Bill

UVM bills are online. Billing notifications are sent to the student at their UVM email address and to anyone the student has established as a Proxy with account and billing access. Learn more about available payment options to assist in paying for your UVM education and learn more about billing and payment due dates with helpful tips to respond to your bill. 

If you haven't already, avoid holds which prevent access to adding a course and a late payment fee by taking care of your bill by the due date (see More Resources below for a video). Make sure that you also set up direct deposit so you can receive your refund (if eligible) when its ready.

Set Up Direct Deposit to Receive Your Financial Aid Refund if Eligible

Get an overview of the financial aid refund process here at UVM and learn how to set up direct deposit so you can receive yours if eligible. You can learn more about it from our refund procedure.

Understanding the Difference Between Dropping Versus Withdrawing from a Class

Are you considering dropping or withdrawing from one of your classes? If so, watch this guide to learn more about the difference between the two. The other important consideration is based upon the tuition refund schedule to determine what if any refund you will receive.