Dec 14, 2024  
National University Volume 85-2 (Formerly NCU) - November 2022 
    
National University Volume 85-2 (Formerly NCU) - November 2022 [ARCHIVED CATALOG]

Disbursement Eligibility


To be eligible for the first disbursement of financial aid, a student must:

  • Complete Federal Direct Loan Entrance Counseling (this only applies to first time borrowers who are also first time students
  • Complete Federal Direct Loan Master Promissory Note(s)
  • Agree to be responsible for charges and to begin participation in the first course of the payment period
  • Not owe a previous balance to the University that exceeds $200*

*The University may use a student’s current year Federal Student Aid (FSA) funds to satisfy prior year tuition and fee charges of not more than $200 without the student’s or parent’s authorization.  The University may not use current year FSA funds to satisfy more than $200 in prior year charges, even with a student or parent authorization.  Prior year is defined as any award year or loan period prior to the current one.