How does the Alternative Loan apply to my Ferris billing account?
• Because Ferris State University bills for one semester at a time, alternative loans are divided into two disbursements – half for Fall and half for Spring. In the event of a one-semester loan such as those for the Summer semester, one disbursement is made. The funds will not release to the student account until the designated disbursment date has passed, which is generally 10-14 days after each semester begins.