Student Financial Aid Disbursement & Refund Schedule
| Aid Type | Action | Timing |
|---|---|---|
| Federal Direct Loans | Disbursement | Begins on the first day of the semester. |
| Refunds |
Refunds are processed twice weekly, or following each disbursement, beginning the first week of the semester, once disbursed financial aid exceeds tuition and fees.
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| Parent PLUS Loans | Disbursement | Begins on the first day of the semester. |
| Refunds |
Refunds are processed twice weekly, or following each disbursement, starting the first week of the semester, once disbursed financial aid exceeds tuition and fees. Refunds are processed based on the parent’s authorization:
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| Alternative Loans | Disbursement | Begins on the first day of the semester. |
| Refunds |
Refunds are processed twice weekly, provided a student has submitted a request and an actual credit exists on their student account.
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| Suffolk University Institutional Aid & Federal Grant Aid | Disbursement | Begins three weeks after the start of the semester. |
| Refunds |
Refunds are processed twice weekly, provided a student has submitted a request and an actual credit exists on their student account.
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| Credit Refunds | Refunds |
Refunds are processed twice weekly beginning the first week of the semester. Students may be eligible for a refund if a credit balance exists on their student account.
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