Disbursement of Loans and Other Financial Aid
Loans must be disbursed in equal disbursements, at least two disbursements per loan period. If your loan period spans fall and spring semesters, you will receive one-half of your loan the fall semester and one-half of your loan the spring semester. However, if your loan period is only for one semester, your loan will be disbursed in two disbursements within the semester. The second disbursement will not take place until 50% or more of the loan period is completed.
In addition, you must be enrolled in at least six credit hours and be attending classes.