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 2016     September 9, 2016
September 27, 2016
November 4, 2016
Spring 2017 January 27, 2017 February 14, 2017 March 24, 2017 
Summer 2017
 June 16, 2017
July 14, 2017
July 14, 2017

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.