Why hasn my Federal Direct Stafford Loan (subsidized and unsubsidized) disbursed yet?
Your loan may not have disbursed for one or more of the following reasons. • Your enrollment has changed since your loan was certified • You have not signed and returned your Award Letter • You have not completed the Loan Request form • You have not completed Entrance Counseling • Your Loan Request form was submitted, but sent back to you because it is incomplete • You are not enrolled or enrolled for less than half-time • You are currently in “Disqualification” status based on grades or non-completion of credits • You have not signed the Master Promissory Note (often can be done on-line) if you are a first-time borrower • You are 1/4 time • You are a first year borrower and are subject to a 30 day delay in your first disbursement • PCC has received your loan request, but because at certain times of year there are hundreds of loan requests received, your application may not yet have been certified.
Related Questions
- What is the difference between the Subsidized Federal Direct Stafford Loan and Unsubsidized Federal Direct Stafford Loan?
- What is the difference between a Subsidized Federal Stafford Loan and an Unsubsidized Federal Stafford Loan?
- What is the difference between Federal Subsidized Stafford Loan and Federal Unsubsidized Stafford Loan?
