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Disbursement Information
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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 semester.

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