Disbursement Policy

Overview

Students who accept Federal Student Loans will receive incremental disbursements (residual funds left over after all tuition and fees are paid for) within each semester. Loans will be split in half each semester and the first disbursement will take place at the normal disbursement time. The second half will be set for the week after midterm grades are due. Students who have all "F" grades, a combination of "F" and withdrawals AND  who are not attending at least six credits will not receive their second disbursement.

 See disbursement dates below:

Term  1st Disbursement 30-Day Delay Disbursement 2nd Disbursement
Fall 2015

Sept. 11, 2015

Sept. 24, 2015
Nov. 6, 2016
Spring 2016

Jan. 29, 2016

Feb. 11, 2016
Mar. 25, 2016
Summer 2016 Jun. 17, 2016 July 6, 2016 July 6, 2016

Late Start Courses & Disbursements

If you register for a late start course, you may not receive a disbursement until your attendance has been verified in those courses. Click the following links to see how this may affect your Grants and/or Loans.


Loan Disbursements

Student loans are issued twice over the course of each semester. To better understand how and when loans are applied click the following link.