Remission & Stipend Info

Tuition and Fee Remission: Quarterly payment made by EXITO on your behalf to pay for tuition and fees required by your academic program (Fall, Winter, Spring)

Process for Disbursing 1st Stipend and Remission

EXITO notifies Financial Aid that you are a Trainee and the amount of the EXITO financial support (mid-August)
Financial aid re-packaged to include EXITO monthly stipends and quarterly tuition/fee remissions (late August)
- Cannot exceed estimated cost of attendance
Trainees accept modifications to package
Complete stipend form during Trainee Onboarding
The trainee appointment is set up during Trainee Onboarding
After all requirements are met:
- Tuition remission payments are made to your student account
- Monthly stipend checks are disbursed to you directly

Tuition & Fees Remission

General Info

Does not include health insurance; click here for information and waiver for PSU’s health insurance
Differential tuition rate will be applied when necessary (aka some majors and programs have a different tuition amount)
Total amount calculated based on 23-24 year tuition and fee schedule

EXITO tuition & fee remissions are disbursed through the financial aid office, so are calculated as part of your total aid package
If you have other tuition and/or fee remissions, let EXITO know (exitooperations@pdx.edu) so that we can coordinate your aid with those departments

When is Remission Processed

Disbursed once quarterly: Fall , Winter, and Spring. Payments are processed manually by BUILD Staff.
You won’t see the remission in your student account until we make the payment (think of it like we make a credit card payment). Until then you will see your financial support in the award section of BanWeb (BanWeb>Student Finances > View and Accept My Award > Additional Resources
Trainees must be enrolled at PSU in at least 12 credits to initiate EACH term's remission payment
We have until Friday of the 2nd week of term to disburse remission. After that, we are unable to process remission. If remissions are not processed by then, you will be temp. withdrawn.
Trainee must complete all requirements by the 2nd Wed. of the term. This ensures we have time to process the remission before the deadline (2nd Friday of the term). This includes
- Registering full time for the applicable term
- Submitting any outstanding MRFs
We typically make payments before the PSU Payment Plan deadline; if there is an EXITO caused delay and you receive a late fee, please email exitooperations@pdx.edu

Remission & Registration Calendar

All dates are tentative and subject to change

Fall 2023

Fall 2023 Full Time Registration Deadline: 9/25
Remissions are Processed: 9/26-10/6
Last day to register full time and complete all outstanding requirements: 10/4
Last day for BUILD to process remission: 10/6

Winter 2024

Winter 2024 Full Time Registration Deadline: 12/20
Remissions are Processed: 1/8-1/19
Last day to register full time and complete all outstanding requirements: 1/17
Last day for BUILD to process remission: 1/19

Spring 2024

Spring 2024 Full Time Registration Deadline: 3/20
Remissions are Processed: 4/1-4/12
Last day to register full time and complete all outstanding requirements: 4/10
Last day for BUILD to process remission: 4/12

Monthly Stipends

General Information

Award for making satisfactory progress towards training goals
Designed to offset living expenses while on trainee appt.
Amount for AY 2023-2024 Academic Year: $1,195/month
9 total payments; 3 per term (Sept. 2023 – May 2024) since this is tied to your Trainee appt (Sept. 25 – June 24)
Stipends are paid proactively, meaning that the stipend you receive at the end of the month is for your traineeship next month.
Disbursement schedule: Typically by the last business day of month, Sept. – May
- Exception: Sept. payment will be disbursed around 10/5
- Please Note: The last stipend, end of May, is compensation for the last month of Trainee Appt. (June)

Disbursement Info

Must maintain full time registration status in a biomedical major for entire academic year. If you drop below full time status, notify EXITO (exitooperations@pdx.edu) immediately
Stipends are not disbursed when Trainees are not registered full time.
If policies and procedures for AY 2023-2024 are not followed or program requirements are not met, stipends may be delayed or suspended

To Set Up Direct Deposit

Go to Banweb and log in to your PSU student account.

Navigate to the Student Finance tab.
Select Set Up Direct Deposit Refund (you may be asked for your Banweb login information again).
Follow the instructions to add an account (you will need the bank routing number and account number).
Under Activate this account for: check Reimbursements if it isn’t already checked.

Stipend Schedule

Fall 2023 Stipends

September Stipend

Delay Date: n/a

Process Date: 10/5

Training Period: 9/25-10/31

October Stipend

Delay Date: 10/23

Process Date: 10/31

Training Period: 11/1-11/30

November Stipend

Delay Date: 11/20

Process Date: 11/30

Training Period: 12/1-12/31

Winter 2024 Stipends

December Stipend

Delay Date: 12/18

Process Date: 12/31

Training Period: 1/1-1/31

January Stipend

Delay Date: 1/22

Process Date: 1/31

Training Period: 2/1-2/29

February Stipend

Delay Date: 2/19

Process Date: 2/29

Training Period: 3/1-3/31

Spring 2024 Stipends

March Stipend

Delay Date: 3/18

Process Date: 3/29

Training Period: 4/1-4/30

April Stipend

Delay Date: 4/22

Process Date: 4/30

Training Period: 5/1-5/31

May Stipend

Delay Date: 5/20

Process Date: 5/31

Training Period: 6/1-6/24

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