For most students, funds will be disbursed approximately 34 days after the start of classes in each semester once attendance has been confirmed. (If a student does not take classes in the first eight-week session, funds will not be disbursed until the 34th day of the second eight-week session.) Once federal funds have posted to a student?s account, the Business Office will send a disbursement notice via email within 14 days.
If a credit balance remains in a student account after the required payments, remaining funds will be handled according to authorizations issued by the student during the GOFAO application process.
I had been in school since the 2nd of October 2012, and for three weeks they said it was on its way. On the 45 day of the term, my Financial Aid package had just been approved they told me when I called. Four days later I called again and was told that their computer system was being fixed and aid refunds would not be processed until Dec.2nd. The account was paid off a week ago when I received a notification in my email that stated my funds had been distributed. Its seven days later, and I am still waiting for my deposit to be made. I will call again tomorrow. I have never had such issues with getting my loan money. My other schools paid within fifteen days of my start date.