Financial Aid Disbursement
You must meet class attendance standards before federal financial aid disburses to your account. Class attendance standards include participation as defined by each instructor. Financial aid pays to your account when classes start and after class attendance standards have been verified. For example, if you registered for 6 credit hours and have 3 credits which begin at the start of the semester and 3 credits which start later in the semester (ex. late September or mid October), your classes will be held, but financial aid will only disburse based on the amount eligible at 3 credits until your attendance standards can be verified in your remaining 3 credits. For loan borrowers, this means loans will not disburse until attendance in all 6 credits can be verified, which could mean a loan disbursement in mid November for fall semester, mid March for winter semester, and mid June/July for summer semester.