Funding Calculation & Disbursement

Loan amounts are calculated using the following formulas (see definitions below):

  • Subsidized loan = (COA) - (EFC) - (EFA)
  • Unsubsidized loan = (COA) - (EFA) - (Subsidized Loan)
  • PLUS loan = (COA) - (Subsidized Loan) - (Unsubsidized Loan) - (EFA)

The Cost of Attendance (COA) includes not only tuition and fees but also living expenses, books, supplies, personal expenses and transportation costs for the eight month period (undergraduate) or twelve month period (graduate) while you are in school.

The Expected Family Contribution (EFC) is based on the student's (and if applicable, the student's family's) income and assets, as was reported on the FAFSA form. The EFC is reported on your Student Aid Report (SAR) and is based on an eight month period of enrollment. For graduate students attending for three semesters, your EFC will be adjusted accordingly.

The Estimated Financial Assistance (EFA) usually takes the form of scholarships, grants, loans, tuition remission or work that is awarded on the basis of postsecondary enrollment.

Direct Loan funds are disbursed in two or three equal instalments at the beginning of each term (Fall, Winter, Inter/Summer Session). Funds will be applied to your student account through electronic transfer. You will receive email notification from Student Awards and Financial Aid with the details of the disbursement. If Direct loan funds remain after tuition and fees are paid, a refund will be released in Canadian dollars by electronic transfer of funds to a Canadian bank account within ten business days.

The U.S. exchange rate for Fall 2023 was set at 1.25%

The U.S. exchange rate for Winter 2024 has been set at 1.35%

The University must obtain consent from the Parent PLUS Loan borrower to release Parent PLUS loan funds to the student. If your parent(s) applied for a Parent PLUS loan on your behalf, please ensure that the Parent PLUS Loan funds Release Form is completed and submitted to the Student Awards and Financial Aid Office prior to the first scheduled loan disbursement. The Parent PLUS Loans funds Release Form will be sent by the Student Awards and Financial Aid office directly to the parent applying for funding.

All Documents Received By: August 1
Status Update Sent to FSA Applicant: August 12
Disbursement Schedule - Fall: September 11
Disbursement Schedule - Winter: January 8
Disbursement Schedule - Summer: May 6

All Documents Received By: August 15
Status Update Sent to FSA Applicant: September 12
Disbursement Schedule - Fall: September 25
Disbursement Schedule - Winter: January 8
Disbursement Schedule - Summer: May 6

All Documents Received By: August 31
Status Update Sent to FSA Applicant: September 26
Disbursement Schedule - Fall: October 9
Disbursement Schedule - Winter: January 8
Disbursement Schedule - Summer: May 6

All Documents Received By: September 15
Status Update Sent to FSA Applicant: October 3
Disbursement Schedule - Fall: October 16
Disbursement Schedule - Winter: January 8
Disbursement Schedule - Summer: May 6

Services Available:

You may reach our office at: (519) 253-3000 Ext. 3300

Regular SAFA Service Hours 

 Monday  1:00PM - 4:00PM
 Tuesday  1:00PM - 4:00PM
 Wednesday    9:00AM - 12:00PM; 2:00PM - 4:00PM
 Thursday  9:00AM - 12:00PM; 2:00PM - 4:00PM
 Friday   1:00PM - 4:00PM

 

Please refer to ask.uwindsor.ca as there may be a knowledge base article that may answer your question.

In order to better assist you, please always include your UWindsor Student Number in your communications.

Students should complete their UWinAward Student Application/Profile via UWinsite Student > Student Homepage > Award Profile to be matched with eligible funding opportunities.

Additional Information for Domestic Students who are experiencing financial hardship.

Additional Information for International Students who are experiencing financial hardship.

If you require additional assistance you may contact our office by email at award1@uwindsor.ca.

 

 

Documents may be faxed, sent as an attachment via email at award1@uwindsor.ca, or placed in our drop-box located in the lobby of CHT or mailed to:

Student Awards & Financial Aid
University of Windsor
401 Sunset Ave. CHT Room 102
Windsor, ON N9B 3P4

Fax: (519) 973-7087

Please refer to https://ask.uwindsor.ca/ as there may be a knowledge base article that may answer your question.

 

Student Awards & Financial Aid Office

University of Windsor
Chrysler Hall Tower, 1st Floor
401 Sunset Avenue
Windsor, ON, Canada, N9B 3P4

We are available for in-person service during the following hours:

Regular SAFA Service Hours

 Monday  1:00PM - 4:00PM
 Tuesday  1:00PM - 4:00PM
 Wednesday   9:00AM - 4:00PM
 Thursday  9:00AM - 4:00PM
 Friday   1:00PM - 4:00PM

 

To enter our in-person service queue with the Student Awards or the Financial Aid office, please scan this QR Code or click if using a mobile device:

If you feel that you need to talk to someone about your situation, please take the following steps:

1) Try asking your question using https://ask.uwindsor.ca.  We have many knowledge base articles that might be able to assist you with your question.

2) Log on to https://ask.uwindsor.ca to submit a service request and a Student Awards or Financial Aid Representative will respond to your inquiry as soon as possible.

3) Call our office during our phone service hours.  A Student Award or Financial Aid Representative may be able to resolve your issue over the phone.

4) If options 1) through 3) do not resolve your issue,  we will schedule you a virtual Teams meeting/appointment with a Student Awards or Financial Aid Specialist for a time that is mutually convenient.

 

UWinAward Profile/Application Support

Here is the schedule for our virtual drop-in sessions available for students who require assistance with their UWinAward Profile/Application for bursary and scholarship applications.

Important Notes:

  • We will attempt to return messages and service requests within 2 business days where possible.  In September, January & May however, our response time may be closer to 7-10 business days.

  • Please do not leave/send multiple messages/emails as this will delay our response time.