- BCU receives the funds electronically.
- The funds will disburse through the BCU student account.
- After tuition and any other current term charges on the account are paid, any remaining balance will be issued to the student via Bankmobile, or a check will be mailed to the parent depending on which option the parent selects on the PLUS loan application.
At BCU, available financial aid is disbursed starting after the week of class add/drop period. To cancel or reduce the loan amount, parent borrowers must notify Financial Aid Office prior to disbursement @email@example.com.
*If you have not already done so, login to Bankmobile, it speeds up the process for receiving your funds.