For the Winter session (September to April), awards are normally assigned by the end of August and pay out in early September and early January. For the Summer session (May to August), awards are normally assigned by the end of April and pay out in early May. Please note that once the award payment status changes from pending to paid, it will be several days before the funds appear in your bank account (for direct deposit payments). Please allow for this processing time before contacting Graduate Awards staff about an award that you are expecting.