If you are expecting a loan disbursement, please make sure that you have accomplished the following three things.
1. Complete the Student Entrance Counseling module: www.studentloans.gov
2. Complete your Master Promissory Note: www.studentloans.gov
3. You must be enrolled in at least 6 credit hours.
Loans are dispersed in three installments. Receipt of loans will vary depending on
the update policies of your personal bank.
Aid Refund/Disbursement Release Dates
Loan Disbursement Calendar
Spring 2015 You should
Date funds by
Things To Remember...
Remember that your financial aid amount is based on the number of hours which you are reported attending. If you are in a fast track course (ex: course that begins later in the semester), the amount of your financial aid will be reduced until attendance is reported in these courses.
Those individuals who elect to participate in the William D. Ford Subsidized and Unsubsidized loan program should be aware that loans awarded are disbursed each semester in three installments. The amount due each student is affected by the number of credit hours taken plus the start date of the courses taken. Adding courses or Withdrawing from courses may affect your disbursement dates and amount. For an estimate of the amount of disbursement that you will receive, please visit the Financial Aid Service Center in Room 205 of the General Classroom Building.