Direct Loan Refund Schedule

Academic Year 2018-2019

Fall 2018

Session Census Date Refund Date
First Disbursement September 12, 2018 September 26, 2018
Delayed 1st Disbursement
(August 27, 2018 Start Date)
September 27, 2018 October 11, 2018
Second Disbursement October 29, 2018 November 12, 2018
Delayed 1st Disbursement
(October 22, 2018 Start Date)
November 26, 2018 December 10, 2018

Spring 2019

Session Census Date Refund Date
First Disbursement February 6, 2019 February 20, 2019
Delayed 1st Disbursement
(January 22, 2019 Start Date)
February 22, 2019 March 8, 2019
Second Disbursement April 1, 2019 April 15, 2019
Delayed 1st Disbursement
(March 25, 2019 Start Date)
April 25, 2019 May 9. 2019

Summer 2019

Session Census Date Refund Date
First Disbursement June 18, 2019 July 2, 2019
Delayed 1st Disbursement
(June 10, 2019 Start Date)
July 10, 2019 July 24, 2019
Delayed 1st Disbursement
(2nd 5-Weeks, July 15 Start Date)
August 15, 2019 August 29, 2019

*This schedule only applies to students who have completed the loan process before the semester begins. All other refunds will be based on the date you complete the loan process.

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