Typically, disbursements are scheduled the day a new payment period starts. We will begin to determine your eligibility for those funds at that time and anticipate funds will post to your student account within five to seven days of that date. If you are a first-time borrower, first-year undergraduate student, however, your first disbursement will be scheduled 30 days after the start of your first payment period. If a delay occurs, Financial Services will work to resolve the issue as quickly as possible.
FSA loans and Pell Grants disburse twice during your academic year, shortly after the start of each payment period. Generally speaking, disbursements are scheduled toward the beginning of each 12-credit payment period. Scheduling will be different if an academic year is fewer than 24 credits. Refer to your award letter for specific disbursement dates.