You must accept, reduce or decline each loan or work-study listed on your financial aid award or your funds will not pay into your account. All grants and scholarships are already at an “accepted” status because they do not require repayment; therefore, if you have grants and/or scholarships only, you are not required to complete the following steps.
- Log in to your myACU account using your username and password. If you have been admitted and do not have a myACU username and password, please click here.
- Select the “Banner” tab at the top of the page.
- Click in the “Student Services and Financial Aid” tab.
- Click on “Financial Aid.”
- Click on “Award.”
- Select Award Year 2023-24 from the drop-down menu.
- Click on the “Award Overview” tab to review your awards.
- Select “Accept Award Offer” tab.
- Determine if you plan to accept, reduce or decline each award and mark accordingly.
To accept all awarded loans and amounts:
- Click the “Accept All Awards” button.
To decline a loan(s):
- Select “Decline” from the drop-down box next to the loan(s) you do not want.
- Click “Submit Decision” button.
To accept a lesser amount of your student loan(s) than you were awarded:
- Enter the decreased amount of loan you desire in the entry field under the heading “Accept Partial Amount”.
- Select “Accept” from the drop-down box next to the loan.
- Click “Submit Decision” button.
Note: If you have accepted your student loan(s), you are not done yet. Your Federal Direct Loan(s) will remain awarded, but will not be disbursed (paid) to your account until you have completed a Master Promissory Note (MPN) and Entrance Counseling.
While you can view your award online at any time, once you click on “Submit Decision,” you cannot make any changes through your myACU account. To make changes email Wildcat Central at wildcatcentral@acu.edu.
If you choose to cancel all or part of any loan offered to you, please indicate in writing your preference of canceling the full loan or reducing the amount offered.
This statement can be sent by mail to Student Financial Services, ACU Box 29007, Abilene, TX 79699-9007, or by email to wildcatcentral@acu.edu.
After the loan disbursement is applied to the student account, the student will be notified by email of the amount that was paid. The student then has the right to cancel all or a portion of the disbursement within 14 days by replying to the email notification indicating his/her preference. ACU will gladly cancel or reduce the loan upon receipt of that request.