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Disbursement Policy

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. You will not receive their second disbursement if:

Disbursement Schedule for 2023-2024

Term First Disbursement 30-day Delay* Disbursement Second Disbursement
Fall 2023 Sept. 8, 2023 Sept. 20, 2023 Nov. 3, 2023
Spring 2024 Jan. 26, 2024 Feb. 7, 2024 March 22, 2024
Summer 2024 June 14, 2024 N/A N/A


Loan Disbursements

You must be attending at least six eligible credits to qualify for student loans.

Student loans are issued twice over the course of each semester. You must be enrolled in six or more eligible credits at midterms to receive your second loan disbursement.

Late Start Courses and Disbursements

If you register for a late start course, you may not receive a disbursement until your attendance has been verified in those courses. Learn more about how Late Start Courses can affect your loan or grant disbursement.