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The timing of the delivery of student loans and the deadline for tuition payment are not aligned. What are you doing to help students who rely on their loans to pay their tuition?

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The timing of the delivery of student loans and the deadline for tuition payment are not aligned. What are you doing to help students who rely on their loans to pay their tuition?

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Currently 80% of student loans are processed through an automated online confirmation process. Payment is usually received by the term payment deadline. The remaining 20% are processed manually, and the student is advised at the time of loan signing (if concern is expressed), that payment will be accepted at Financial Services without penalty, one month past the term payment deadline, if the loan payment pays the total term tuition amount. If the loan is authorized after the one month extension, further discussion with the student may be required.

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