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Disbursement

Loan Disbursement

Federal Direct Loans (Subsidized, Unsubsidized, and Parent PLUS Loans) are generally split into two disbursements. A one semester loan will also have two disbursements. All eligibility requirements must be met on the date the loan is disbursed. The first disbursement will be delayed beyond the 6th week of class, if you enroll after the first week of classes or you are a first-time enrollee at BCU.

One Semester Loan Disbursement

Students who are enrolled for only one semester and/or are on Financial Aid Satisfactory Academic Progress (SAP) must have funds disbursed in two payments. Students who have a one semester loan(s) will receive the disbursed at the beginning of the semester and one payment at the mid-point of the semester, per the federal regulations.

Financial Aid Disbursement Schedule

Summer - Term A 2017 Summer - Term B 2017 Fall 2017 Spring 2017 Summer - Term A 2018 Summer - Term B 2018
Federal Pell, Florida, and BCU Grants, Direct Loans, and scholarships Begins
May 17 Initial disbursement
Begins
June 29 Initial disbursement
Begins
September 19 Initial disbursement
Begins
February 14 Initial disbursement
Begins
May 22 Initial disbursement set
Begins
May 22 Initial disbursement set
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