Disbursements

When the disbursement comes in as a paper check payable to parent and school, the parent must come in to the school’s cashier’s office to pick it up. When the disbursement comes in electronically, the loan is applied to the student's account and tuition, fees are/or other balances deducted. Any disbursement in excess of the amount owed to school is mailed to the home of the parent borrower.

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