Accept Your Aid

PSU will determine your eligibility for different financial aid funds and notify you via your PSU email account that your offer is ready to review. We want to ensure that all students understand their financial aid offer and understand financial aid terminology with our Financial Aid Glossary.

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Portland State University is committed to using the Principles & Standards of the College Cost Transparency Initiative in its student financial aid offer.

When you financial aid offer is ready to view, you'll be able to access it through myPSU. Once a student’s offer has been generated, an email will be sent to the student's pdx.edu email.

 


Step 1: Activate Your Student (Odin) Account

You need to log in to your student account get access to your Financial Aid Dashboard. If you haven't already, activate your PSU Student (Odin) Account.

Step 2: Monitor Your Email

Once the Office of Financial Aid has everything they need, you’ll receive a notification via your PSU email account that your offer is ready to review. Once you activate your student account, your pdx.edu email will also be activated.

While you wait for PSU to review your information, apply for scholarships and learn about other ways to cover costs

Step 3: Accept or Decline Each Item in Your Award Offer

  • You must accept or decline each item in your financial aid offer except for free money (grants are automatically accepted).
  • You do not have to accept the full amount of every loan and if you decline a loan now and then change your mind, you can get it later.
  • You may accept an award now and change your mind later.
  • If you decline an award, or don’t accept it by the ‘reply by date’, the award will be canceled. The aid may not be able to be restored if you decide you need it. Federal Direct Stafford Loans, Federal Direct PLUS Loans, and Federal Pell Grants can usually be reinstated.
  • You may accept or reject aid from any fund without losing the other aid offered in your award. 

If you would like PSU to replace Work Study with a federal loan, then contact the Office of Financial Aid and Scholarships after you accept your award. PSU is not able to replace loans with grants or scholarships.

We’re here to help you understand your offer and make a decision whether to accept or decline.

Accept or Decline Each Item:

  1. Go to your Financial Aid Dashboard.
  2. Select the Award Year.
  3. To accept or decline each item, select the Accept Award Offer tab.

Step 4: Financial Aid Disbursed

Financial aid disbursement is how you receive your financial aid to pay your school bill. Once your registration and financial aid application are complete, your financial aid is paid to PSU for processing 10 days before the term begin.

Have Questions?

Contact the Office of Student Financial Aid and Scholarships to get answers to your questions.

Connect with us via Chat, email, phone, or make an appointment (in-person or virtual).

Connect with the Financial Wellness Center

To get help with your student account, understanding your costs, or creating a budget to plan how you’ll pay, visit the Financial Wellness Center.

 

 
Virtual Advisor