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 2014

Sept. 12, 2014

Sept. 24, 2014
Nov. 7, 2014
Spring 2015

Jan. 30, 2015 

Feb. 11, 2015 
Mar. 20, 2015
Summer 2015 Jun. 12, 2015 July 1, 2015 July 10, 2015

 

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.