Financial Aid FAQ - The University of Tulsa

Financial Aid FAQ

Use these financial aid frequently asked questions for quick reference. Please contact Student Financial Services at finaid@utulsa.edu or 918-631-2670 with clarification or additional questions.

Incoming Undergraduate Students

Students seeking need-based financial assistance must complete the Free Application for Federal Student Aid (FAFSA) as soon as possible on or after October 1. Please review this link for information on how to create an FSA ID.

Follow these instructions provided to set up your TU account. You will need your TU Net ID to get started. This ID can be found on your admission letter. If additional help is needed please contact the TU Help Desk at 918-631-3500 or help@utulsa.edu.

If your FAFSA application is selected for verification by the U.S. Department of Education, you will receive an introductory email to the address you provided on the FAFSA.
This custom school link, https://Tulsa.proed.org, will be included in the introductory communication requesting you access ProVerify. You will need to do the following:

    • Confirm your identity (authentication).
    • Create a secure password.
    • Access your documents and begin the verification process (this includes the completion of online forms).

Upon receipt of all required documents, ProVerify will begin the verification process. You will be notified if there are any questions or if any additional documentation is required via email, text, or phone. Once verification has been completed, the student and TU will be notified.

If you have any questions about the verification process, please contact ProVerify, Monday through Friday from 8:00 a.m. – 5:00 p.m. Central at 918-710-3234 or by email at answers@proed.org.

You must log into the TU Portal and access the Student Financial Services page on self-service. You will then accept or decline the aid offer. If you want to reduce the loan amounts you must contact Student Financial Services by email at finaid@utulsa.edu or in person.

Scholarships and Grants are accepted on your behalf and activated upon your enrollment. You will need to accept/decline Federal Work-Study, Student loans and the Parent Loan.

How do I waive the TU Health Insurance?
To opt out of the mandatory health insurance please go to: studentcenter.uhcsr.com/tulsa

A FAFSA must be filed on behalf of the student (listing TU’s school code 003185) before TU can determine eligibility for a Direct Parent PLUS Loan (PLUS). Only a parent (or a stepparent whose income was supplied on the FAFSA) of a dependent student can apply for this loan. (Note: An independent undergraduate student only has the option to apply for a private loan.) To request a PLUS loan, the parent must log into studentloans.gov, click on “Apply for a Direct PLUS Loan” and select “START Direct PLUS Loan Application for Parents.”

How do I sign the MPN and complete Entrance Loan Counseling?

To sign the Stafford MPN and complete entrance counseling please go to: studentloans.gov and sign in with your FSA ID.

You will find the above links on the left-hand side of the page.  These are two separate tasks that must be completed.

To sign the Parent PLUS loan MPN, your parent must go to studentloans.gov.

All processed aid will post to your student account in the bursar’s office on the first or second day of classes.  The bursar’s office will then take out all charges and request a refund to you for the excess. This will only happen if you accepted the aid, signed the Master Promissory Note (MPN), completed the required entrance loan counseling and are enrolled in the number of hours for which the aid was processed.

Per Federal Regulations, the Bursars office has 14 days to issue the refund to you.  If you have signed up for direct deposit you will receive an email the day before this deposit is made.  You can also log onto portal.utulsa.edu, click on view and pay my account, and click on account activity to view you current account status. You will need your TU Net ID and password to access the portal.

Please remember that loan fees are taken out of each disbursement so the amount that shows posted is less than what you borrowed.

If you would like for the bursar’s office to directly deposit the excess funds into your bank account please go here for instructions. Log into “Self Service” using your TU Net ID and password and complete the bank information.

If you choose not to participate in direct deposit a check will be prepared for you to be picked up at the bursar’s office approximately two weeks after your funds are disbursed to TU.

University scholarships, grants and federal grants that you were offered will credit your account as of the first day of class if you are enrolled full time.  Student loans will credit as of the first day of class if you have accepted your loan on the TU portal, signed the MPN and completed entrance loan counseling.

Parent loans will credit as of the first day of class if your parent has applied, been approved and signed the MPN.

State grants and state scholarships (OTAG, OTEG, Oklahoma Promise, Oklahoma Academic Scholars Program) will credit when funding is received from the state of Oklahoma which is typically the 4th or 5th week of classes and will show on the portal as pending aid.

Outside scholarships will credit when payment is received but no earlier than the first day of class.

Federal Work-Study is paid directly to the student; it is not taken into consideration on your billing statement.

The balance less all funding listed above must be covered by payment in full or a TU payment plan by August 1 to avoid enrollment cancellation.You can set up a payment plan here

Private Loan
A private loan is a nonfederal loan issued by a lending institution (bank or credit union) and based on credit worthiness. Interest rates will vary depending on your credit score and the usage of a co-signer. Co-signers can be used to reduce the interest rate or to help obtain a loan due to credit problems. The Student Financial Services website provides a current and comprehensive list of lenders commonly used over the past three years. For more information regarding private loans, visit our website.

Outside Undergraduate Scholarships

Outside undergraduate scholarships are funding sources offered by organizations and foundations outside of The University of Tulsa. Use these links to learn more about available outside scholarships.

If you have any tribal affiliation, check with your tribe as they offer funding assistance.

To secure employment:

  • File the FAFSA early. This either qualifies or disqualifies you for the federal work study program. This has to be done annually.
  • You will receive a financing plan from Student Financial Services indicating if you have federal work study eligibility.
  • Review the available work study positions.
  • Contact the Supervisor and set up an interview.
  • Once you’ve been hired, the department will have you complete the hiring form.
  • Visit Human Resources in Fisher Hall to complete the necessary payroll paperwork and direct direct deposit form.

Visit our website for information on work study employment.

In 2021-2022, TU had 633 Pell Grant recipients.

82%

Students who are Pell recipients and are receiving scholarships that cover their charges in full, must contact the Bursar’s Office to obtain information on how to purchase their required books in the bookstore.

Incoming Graduate & Law Students

Students seeking financial assistance must complete the Free Application for Federal Student Aid (FAFSA) as soon as possible on or after October 1.  Please review this link for information on how to create an FSA ID.

Your TU credentials will be sent to you with your admission letter.  Follow the instructions provided here and if additional help is needed please contact the TU Help Desk at 918-631-3500 or help@utulsa.edu

You must log into the TU Portal and access the Student Financial Services page on self-service. You will then accept or decline the aid offer.  If you want to reduce the loan amounts you must contact Student Financial Services by email at finaid@utulsa.edu or in person.

To opt out of the mandatory health insurance please go to: http://www.studentcenter.uhcsr.com/tulsa

A FAFSA must be filed before TU can determine a student’s eligibility for a Direct Graduate PLUS Loan (GPLUS). To request a GPLUS loan, go to studentloans.gov, click on “Apply for a Direct PLUS Loan” and select “START Direct PLUS Loan Application for Graduate/Professional Students.”

To sign the Stafford MPN, the GRAD PLUS MPN and complete entrance counseling please go to studentloans.gov.

All processed aid will post to your student account in the bursar’s office on the first or second day of classes.  The bursar’s office will then take out all charges and request a refund to you for the excess. This will only happen if you have accepted the aid, signed the Master Promissory Note (MPN), completed the required entrance loan counseling and are enrolled in the number of hours for which the aid was processed.

Per Federal Regulations, the Bursars office has 14 days to issue the refund to you.  If you have signed up for direct deposit you will receive an email the day before this deposit is made.  You can also log onto portal.utulsa.edu, click on view and pay my account, and click on account activity to view you current account status.

Please remember loan fees are taken out of each disbursement so the amount that shows posted is less than what you borrowed.

If you would like for the bursar’s office to directly deposit the excess funds into your bank account please follow these instructions.

If you choose not to participate in direct deposit a check will be prepared for you to be picked up at the bursar’s office approximately 2 weeks after your funds are disbursed to TU.

University scholarships that you were offered will credit your account as of the first day of class if you are enrolled in the correct number of hours.  Student loans will credit as of the first day of class if you have accepted your loan on the TU portal, signed the MPN and completed entrance loan counseling.

Outside scholarships will credit when payment is received but no earlier than the first day of class.

Federal Work-Study is paid directly to the student, it is not taken into consideration on your billing statement.

The balance less all funding listed above must be covered by payment in full or a TU payment plan by August 1st to avoid enrollment cancellation. Enroll in a payment plan at utulsa.edu/bursar/#tuition-payment-plans.

Current Undergraduate, Graduate & Law Students

Students seeking need-based financial assistance must complete the Free Application for Federal Student Aid (FAFSA) as soon as possible on or after October 1.  Please review this link for information on how to create an FSA ID.

If your FAFSA application is selected for verification by the U.S. Department of Education, you will receive an introductory email to the address you provided on the FAFSA.

This custom school link, Tulsa.proed.org will be included in the introductory communication requesting you access ProVerify. You will need to do the following:

  • Confirm your identity (authentication).
  • Create a secure password.
  • Access your documents and begin the verification process (this includes the completion of online forms).

Upon receipt of all required documents, ProVerify will begin the verification process. You will be notified if there are any questions or if any additional documentation is required via email, text, or phone. Once verification has been completed, the student and TU will be notified.

If you have any questions about the verification process, please contact ProVerify, Monday through Friday from 8:00 am – 5:00 pm at 918-710-3234 or by email at answers@proed.org.

You must log into the TU Portal and access the Student Financial Services page on self-service.  You will then accept or decline the aid offer.  If you want to reduce the loan amounts you must contact Student Financial Services by email at finaid@utulsa.edu or in person.

How do I waive the TU Health Insurance?

To opt out of the mandatory health insurance please go to: http://www.studentcenter.uhcsr.com/tulsa

A FAFSA must be filed on behalf of the student (listing TU’s school code 003185) before TU can determine eligibility for a Direct Parent PLUS Loan (PLUS). Only a parent (or a stepparent whose income was supplied on the FAFSA) of a dependent student can apply for this loan. (Note: An independent undergraduate student only has the option to apply for a private loan.) To request a PLUS loan, the parent must log into studentloans.gov, click on “Apply for a Direct PLUS Loan” and select “START Direct PLUS Loan Application for Parents.”

A FAFSA must be filed before TU can determine a student’s eligibility for a Direct Graduate PLUS Loan (GPLUS). To request a GPLUS loan, go to studentloans.gov, click on “Apply for a Direct PLUS Loan” and select “START Direct PLUS Loan Application for Graduate/Professional Students.”

To sign the Stafford MPN and complete entrance counseling please go to studentloans.gov.

To sign the Parent PLUS loan MPN, your parent must go to studentloans.gov.

To sign the Graduate PLUS loan MPN please go to studentloans.gov.

All processed aid will post to your student account in the bursar’s office on the first or second day of classes.  The bursar’s office will then take out all charges and request a refund to you for the excess. This will only happen if you have accepted the aid, signed the Master Promissory Note (MPN), completed the required entrance loan counseling and are enrolled in the number of hours for which the aid was processed.

Per Federal Regulations, the Bursars office has 14 days to issue the refund to you.  If you have signed up for direct deposit you will receive an email the day before this deposit is made.  You can also log onto portal.utulsa.edu, click on view and pay my account, and click on account activity to view you current account status.

Please remember loan fees are taken out of each disbursement so the amount that shows posted is less than what you borrowed.

If you would like for the bursar’s office to directly deposit the excess funds into your bank account please follow these instructions.

If you choose not to participate in direct deposit a check will be prepared for you to be picked up at the bursar’s office approximately 2 weeks after your funds are disbursed to TU.

University scholarships, grants and federal grants that you were offered will credit your account as of the first day of class if you are enrolled full time.  Student loans will credit as of the first day of class if you have accepted your loan on the TU portal, signed the MPN and completed entrance loan counseling.

Parent loans will credit as of the first day of class if your parent has applied, been approved and signed the MPN.

State grants and state scholarships (OTAG, OTEG, Oklahoma Promise, Oklahoma Academic Scholars Program) will credit when funding is received from the state of Oklahoma which is typically the 4th or 5th week of classes and will show on the portal as pending aid.

Outside scholarships will credit when payment is received but no earlier than the first day of class.

Federal Work-Study is paid directly to the student, it is not taken into consideration on your billing statement.

The balance less all funding listed above must be covered by payment in full or a TU payment plan by August 1st to avoid enrollment cancellation. Learn about payment plans at utulsa.edu/bursar/#tuition-payment-plans.

Private Loan

A private loan is a nonfederal loan issued by a lending institution (bank or credit union) and based on credit worthiness. Interest rates will vary depending on your credit score and the usage of a co-signer. Co-signers can be used to reduce the interest rate or to help obtain a loan due to credit problems. The Student Financial Services website provides a current and comprehensive list of lenders commonly used over the past three years. For more information, visit https://utulsa.edu/financial-aid/loans/private-loan.

Outside Undergraduate Scholarships

Outside undergraduate scholarships are funding sources offered by organizations and foundations outside of The University of Tulsa. Use these links to learn more about available outside scholarships.

If you have any tribal affiliation check with your tribe as they offer funding assistance.

To secure employment:

  • File the FAFSA early. This either qualifies or disqualifies you for the federal work study program. This has to be done annually.
  • You will receive a financing plan from Student Financial Services indicating if you have federal work study eligibility.
  • Review the available work study positions.
  • Contact the Supervisor and set up an interview.
  • Once you’ve been hired, the department will have you complete the hiring form.
  • Visit Human Resources in Fisher Hall to complete the necessary payroll paperwork and direct deposit form.

Visit our website for information on work study employment.

For information regarding your financing plan and other policies, please review The University of Tulsa Financial Aid Guide.