Disbursement of financial aid begins one week prior to the first day of classes. Once all financial aid eligibility and documentation requirements for the semester are met, your financial aid offer is disbursed to your student account based on your student type, enrollment, and course format. Some loans may be disbursed in two payments or later in the semester due to Federal Student Aid regulations. Students will be individually notified in this scenario.
After disbursement to your student account, any remaining funds are refunded to you through BankMobile Disbursements, a technology solution powered by BMTX, INC. Please allow 3-5 business days after disbursement for the refund to appear in your account.