Again, one half will be disbursed in the fall and one half in the spring. These funds will be applied against your tuition account approximately 10 days prior to the beginning of classes, and a refund check cut if your account has a credit balance. Funds from all other private lenders will arrive as a check. Some of these checks will be made out to you only or made out to you and the school, and will be available for signing during orientation. It takes approximately one week to generate a refund after you endorse the loan check.
Summer term is part of the preceding academic year.