Disbursement of Federal Loans
All Federal Loans must be disbursed in two equal disbursements per Federal regulations.
- The first disbursement can be made no earlier than 10 business days before the loan period begins.
- The second disbursement can be made no earlier than the mid-point of the loan period. Please see examples below.
| Academic Term | Loan Period | Disbursement Dates |
| Academic Year | August - May | August & January |
| Fall Semester | August - December | August & October |
| Spring Semester | January - May | January & March |
| Summer Term | May - July | May & June |