You'll be paid in at least two installments. No disbursement can exceed one half of your loan award(s).

One semester attendance:

Loans will be disbursed in 2 payments. The first payment will be disbursed after the loan has been certified. The second disbursement will be funded at the midway point of the semester (student must still be eligible).

Fall and Spring attendance:

Loans will be disbursed in 2 payments. The first payment will be disbursed after the loan has been certified. The second payment will be funded when the spring semester begins (student must still be eligible).

PLEASE NOTE: If you're a first year undergraduate student and a first-time borrower, your school cannot disburse the first payment until 30 days after the first day of your enrollment period.