Loan Disbursements Date
| Direct Loan | Fixed Interest Rate | Loan Fees |
|---|---|---|
| Federal Direct Subsidized Loan | 3.4% | 0.5% * |
| Federal Direct Unsubsidized Loan | 6.8% | 0.5% * |
**Federal Direct Subsidized and Unsubsidized Loan Fee Rebate: These loans have a 1.0% Origination Fee and offer a 0.5% Rebate on the Origination Fee. This results in a net Loan Fee of 0.5%, which will be deducted from the gross amount of the loan. If you fail to make 12 on-time monthly loan payments, you will be charged for the initial Rebate and it will be added back to the outstanding balance of the loan. If your first 12 monthly loan payments are made on time, the Rebate will become permanent.
| Parent Plus Loan | Fixed Interest Rate | Loan Fees |
|---|---|---|
| Federal Direct PLUS Loan | 7.9% | 2.5% ** |
**The Federal Direct PLUS Loan has a 4.0% Loan Fee and offers a 1.5% Rebate. This results in a net Loan Fee of 2.5%, which will be deducted from the gross amount of the loan. Borrowers who fail to make 12 on-time monthly loan payments will be charged for the initial Rebate and it will be added to the outstanding balance of the loan. If the first 12 monthly loan payments are made on time, the Rebate will become permanent.
Loan Disbursements for All Programs for 2011-2012 Federal Direct Loans and Alternative Loans
|
Weekend College | |||
|---|---|---|---|
|
Summer 2011 |
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Fall 2011 |
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Spring 2012 |
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Weekend Graduate | |||
|---|---|---|---|
|
Fall 2011 |
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Spring 2012 |
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Summer 2012 |
06/06/2012 |
06/12/2012 |
07/12/2012 |
|
Traditional Undergraduates and Accelerated BSN | |||
|---|---|---|---|
|
Fall 2011 |
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Spring 2012 |
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Associates Degree in Nursing (A.D.N) | |||
|---|---|---|---|
|
Fall 2011 |
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Spring 2012 |
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Summer 2012 |
05/24/2012 |
06/06/2012 |
07/12/2012 |
|
Graduate (All except, Weekend Grad and DPT) | |||
|---|---|---|---|
|
Fall 2011 |
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Spring 2012 |
|
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Summer 2012 |
06/26/2012 |
07/12/2012 |
|
|
DPT | |||
|---|---|---|---|
|
Fall 2011 |
|
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Spring 2012 |
|
|
|
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Summer 2012 |
|
06/06/2012 |
07/12/2012 |
|
Alternative Loan Disbursement Dates | |||
|---|---|---|---|
|
Fall 2011 |
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Spring 2012 |
|
|
|
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Summer 2012 |
|
05/24/2012 |
06/06/2012 |
Loan Disbursements for All Programs for 2012-2013 Federal Direct Loans and Alternative Loans
|
Weekend College | |||
|---|---|---|---|
|
Summer 2012 |
06/08/2012 |
06/28/2012 |
07/12/2012 |
|
Fall 2012 |
09/14/2012 |
10/05/2012 |
11/01/2012 |
|
Spring 2013 |
02/01/2013 |
03/01/2013 |
04/26/2013 |
|
Weekend Graduate | |||
|---|---|---|---|
|
Fall 2012 |
09/14/2012 |
10/05/2012 |
11/01/2012 |
|
Spring 2013 |
02/01/2013 |
03/01/2013 |
04/26/2013 |
|
Summer 2013 |
06/07/2013 |
06/12/2013 |
07/07/2013 |
|
Traditional Undergraduates | |||
|---|---|---|---|
|
Fall 2012 |
08/31/2012 |
09/14/2012 |
10/05/2012 |
|
Spring 2013 |
01/18/2013 |
02/01/2013 |
03/01/2013 |
|
Associates Degree in Nursing (A.D.N) | |||
|---|---|---|---|
|
Fall 2012 |
08/31/2012 |
10/05/2012 |
11/01/2012 |
|
Spring 2013 |
01/18/2013 |
02/01/2013 |
03/01/2013 |
|
Summer 2013 |
05/21/2013 |
06/07/2013 |
07/12/2013 |
|
Graduate (All except, Weekend Grad and DPT) | |||
|---|---|---|---|
|
Fall 2012 |
08/31/2012 |
10/05/2012 |
11/01/2012 |
|
Spring 2013 |
01/18/2013 |
02/01/2013 |
03/01/2013 |
|
Summer 2013 |
05/21/2013 |
07/07/2013 |
|
|
DPT | |||
|---|---|---|---|
|
Fall 2012 |
08/31/2012 |
10/05/2012 |
11/01/2012 |
|
Spring 2013 |
01/18/2013 |
02/01/2013 |
03/01/2013 |
|
Summer 2013 |
04/27/2013 |
06/06/2013 |
07/12/2013 |
|
Accelerated BSN | |||
|---|---|---|---|
|
Fall 2012 |
08/31/2012 |
09/14/2012 |
10/05/2012 |
|
Spring 2013 |
01/18/2013 |
02/01/2013 |
03/01/2013 |
| Summer 2013 | 05/14/2013 | 06/08/2013 |
06/28/2013 |
|
Alternative Loan Disbursement Dates | |||
|---|---|---|---|
|
Fall 2012 |
08/31/2012 |
09/14/2012 |
10/05/2012 |
|
Spring 2013 |
01/18/2013 |
02/01/2013 |
03/01/2013 |
|
Summer 2013 |
04/27/2013 |
05/21/2013 |
06/07/2013 |