How are alternative loans disbursed?
As a matter of policy all student loans are divided into as many disbursements as there are semesters in the academic period covered by the loan. Thus a loan for fall and spring will be disbursed in two disbursements. A loan for the spring term only will be disbursed in a single disbursement. As a matter of policy we disburse alternative loans in the same manner and are using the same schedule as we use for the federal direct student loan program. Loan repayment questions for graduating students Repaying your student loans is critically important. In general, repayment begins six months after the last day of school. If you re-enroll in school to pursue another degree, you may be able to postpone entering into repayment. Please take care to protect your credit rating as it will affect your future. The best source for this type of information is the direct student loan website. Please navigate to: www.federalstudentaid.ed.gov and select Locate/Repay Your Federal Student Loans for descrip
