If my parents applied for a parent loan to pay for my university fees and housing, are the loans automatically disbursed to University Courtyard?
In order for parent loans to be disbursed to housing, you must have indicated on the “Student Housing and Meal Plan License Agreement” section III that the parent loan(s) awarded thru Fresno State’s Financial Aid Office should be automatically applied to the room and board fee. In addition, your parent must have signed the license agreement in the designated box. Question: What if my parents applied for a parent loan that is NOT disbursed thru Fresno State’s Financial Aid Office. Answer: Only a Plus Loan-1 disbursed thru Fresno State’s Financial Aid Department can be automatically disbursed to University Courtyard. If you have a different type of parent loan, you will need to make a separate payment to housing after you receive the loan.
Related Questions
- I have applied for, but not yet been informed that I am getting, the tuition fee loan - can I still enrol at University? Will I have to pay my fees myself before I get the fee loan?
- How soon will my parents have to begin payment of a Parent PLUS Loan? A: Repayment of PLUS Loans begin no later that 60 days after the final disbursement of the loan.
- If my parents applied for a parent loan to pay for my university fees and housing, are the loans automatically disbursed to University Courtyard?
