After you have been notified by email that you have a financial aid award offer, and have reviewed your offer at MyCSULB, you will need to accept or decline your financial aid awards. Awards need to be accepted before they can be credited towards your university-related charges and refunded to you for your living expenses.
If you are not sure if you want to accept a particular award, you may delay that decision until later.
PLEASE NOTE: Some award types have limited funds so delaying your decision may subject the award to cancellation should funds be depleted.
If you have been offered a Direct Stafford Loan as part of your award package, you are not required to accept the maximum loan amount offered to you. You may choose to either accept the full amount, accept a lesser amount, or decline the loan. Details on accepting a lesser amount are included in the steps below.
Detailed instructions on Accepting/Declining your Financial Aid Awards, including screenshots, can be found in the Using MyCSULB Guide – under the section “View Financial Aid & Scholarships.”
PLEASE NOTE: Financial Aid Offers are based on FULL-TIME enrollment . The amount of aid that is disbursed will be based on your need AND enrollment. If you are not enrolled full-time, or drop below full-time, some of your financial aid awards may be prorated based on the number of units in which you are enrolled.
A Financial Aid Fee Deferment permits students receiving Federal & State Grants and/or Federal Loans to postpone payment of class registration fees. Deferments are issued based on the expectation that tuition and fees will be paid by financial aid. The deferment protects your classes from enrollment cancellation and defers the required payment of tuition and mandatory fees until your financial aid disbursement is received at CSULB (usually 10 days prior to the start of classes).
For “newly admitted” CSULB students, your accepted award offer serves as your fee deferment. In subsequent years, financial aid recipients who follow the university’s published deadlines for submitting a FAFSA, and meet the financial aid fee deferment guidelines, will be issued a “Fee Deferment” to postpone payment of the upcoming fall semester’s tuition and mandatory fees.