The Office of Financial Aid determines student eligibility for financial aid and awards all federal and institutional student loans.
Make Borrowing Decisions
The Financial Aid Office awards loans in offered status. Students are then required to accept or decline awards online through Banner Self Service. The Loan Office will email students and provide detailed instructions on how to make borrowing decisions online.
Students should carefully evaluate loan options prior to making borrowing decisions.
Loans in offered status will not be processed or disbursed. Loans that remain in offered status will eventually be cancelled.
Complete Loan Requirements
Once loans have been accepted in Banner Self Service, students will be advised of loan requirements that must be completed. Students will see instructions in Banner Self Service and the Loan Office will send detailed emails to guide students through the process.
Loan requirements generally include completion of entrance counseling and a promissory note. Some loan programs also include the completion of disclosure notices. All loan requirements may be completed online. Refer to the individual loan pages in this section for additional details.
Once loans have been accepted and all requirements have been completed, the loan funds will be disbursed to the student account on the date set for that semester. Loan funds may be disbursed no sooner than 10 days prior to the beginning of the term.
If the loan disbursement results in a credit balance on the student account, students may request an electronic student account refund through the Bursar's Office.