Dec 21, 2024  
National University Vol 2 Addendum D (formerly NCU) 
    
National University Vol 2 Addendum D (formerly NCU) [ARCHIVED CATALOG]

Disbursement Eligibility


For all students, the following items are reviewed to confirm disbursement eligibility: 

  • for Direct Loans, the student is enrolled at least half time and has a valid, linked MPN; and either entrance counseling has been completed
  • for a student otherwise eligible for a Pell Grant, the scheduled disbursement will not cause the student to exceed his or her lifetime eligibility
  • The Student is meeting Satisfactory Academic Progress or is approved for Financial Aid Probation.
  • The ISIR does not have conflicting information or unresolved c-codes
  • If a subsequent ISIR has been received, the above criteria apply and it will be reviewed to determine if any eligibility changes exist in reference to need-based aid eligibility
  • If first disbursement in the student’s second payment period, student has successfully completed at least half of the units and half of the instructional weeks as defined for the academic year

The University reserves the right to make multiple disbursements within each payment period to align with the timing of charges being assessed.