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 grades of "F", a combination of "F" and withdrawals ("W") 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 2018        September 7, 2018
September 26, 2018
November 2, 2018
Spring 2019 February 1, 2019 February 20, 2019 April 1, 2019
Summer 2019
June 14, 2019
July 10, 2019
July 10, 2019

*Automatic 30-day delayed disbursement for new loan borrowers. 

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. You must be actively attending 6 or more credits at midterms to receive your second loan disbursement.