Award Payments (credit balances)
For students holding awards resulting in a credit balance on the student account.
Wilfrid Laurier University will pay out your award in installments, one at each term, starting with the term you selected on your Notice of Acceptance (or, where no formal notice of acceptance is required, commencing the term in which the funding is held). Such awards would include Tri-Council funding, OGS/OGSST, Studentships, Balsillie Fellowships, Studentships, etc (but excludes employment earnings such as Teaching and Research Assistantships).
The award is applied, along with any other scholarships awarded to you by Laurier, against your student account (tuition and incidental fees). Any outstanding payments owed to the University will be deducted at source before a refund is issued to you (by direct deposit) for the balance. Please see below for estimated dates for the refunds.
In order to facilitate the timely payment of your award, you must complete a Direct Deposit Form and submit it to the Office of Graduate and Postdoctoral Studies at least one month before the start of the term in which the award is held. (Note that if a Direct Deposit Form has already been submitted for employment earnings such as Teaching Assistantships, no new Direct Deposit Form is required.)
You must be registered as a full-time student in order to receive your award payment, and any credit balance refund will be issued no earlier than the week after the last date for late registration (see the Academic Schedule in the Graduate Calendar for specific dates).
Estimated dates for refunds (including electronic transfer to bank and deposit):
- for fall semester: late September
- for winter semester: late January and
- for spring semester: late May
Students holding a Tri-Council external award (i.e., SSHRC/NSERC/CIHR) must complete a Progress Report which is due at the Office of Graduate and Postdoctoral Studies by May 1, annually. Spring term installments will be held pending receipt of annual reports.