Archive for the ‘Utah Installment Loans’ Category

Federal Loan Disbursement Information

Monday, March 23rd, 2020

Federal Loan Disbursement Information

Albany State University participates in the Federal Direct Loan Program, which include the Federal Direct Subsidized Loans, Unsubsidized Loans, Grad PLUS Loans, and Parent PLUS Loans. Pupils must finish the complimentary Application for Federal Scholar Aid (FAFSA) to qualify for federal loans.

PROCESSING TIMELINE:

Direct Subsidized and Unsubsidized Loans:Once a pupil accepts his/her loans in Banner online, it can take between 5-7 company days for processing. This processing time enables the educational college to submit the student’s approval of loans to your Department of Education for official certification. Students must additionally complete Loan Entrance Counseling and a Master Promissory Note (MPN) before any loan funds may be authorized or paid to a student’s account. (more…)