Federal Stafford Student Loan
Federal Staff Loan payments from lenders are processed electronically.
Lenders forward loan funds for you to the University through an
electronic funds transfer process through the National Disbursement
Network. These funds are deposited into a University checking account.
Confirmation of your continued eligibility must be done before your
disbursement is prepared. Your fees will be paid first and any funds
remaining will be prepared in a check and mailed to you or will
be sent to your bank account through Direct
Deposit. See "How Payments are Made" for complete details.
PLUS Parent Loan
Parent Loan (PLUS) funds are sent via EFT (electronic funds transfer) to the University. One-half of the academic year loan is disbursed each