The Business and Financial Aid Offices will request and post loans and issue initial refund checks through the accounts payable system twice a week beginning one week prior to the start of each semester and continuing for at least the first three weeks of the semester. (Initial refund checks will be issued to students one week prior to the start of the semester.) Of note for students:
Loans will only be requested for registered students whose financial aid and loan applications are complete. Completion includes student acceptance of the lien and the lender’s (bank or credit union’s) receipt of the signed Master Promissory Note.
The processing time to issue a refund check is ten to fourteen days after the loan request is made, plan accordingly.
Emergency student loans will not be approved in order to avoid or shorten the normal processing time above.