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Office Of The Bursar

Frequently Asked Questions

I don't want to borrow the loan that is listed on my bill. What should I do?
Notify the Financial Aid Office of your decision by e-mailing your Financial Aid Counselor.  If you change your mind later, a Federal Direct loan can usually be reinstated through the end of April of the academic year. Federal Perkins, Nursing, and University loans are subject to availability of funds and sometimes cannot be reinstated at a later date.
The anticipated credit amount for the Federal Direct loan is slightly less than I thought I was borrowing. Why is that?
An origination fee is paid to the Federal government for your Federal Direct loan. The amount shown on your bill reflects the net amount anticipated to be disbursed to your account.

Page updated 5/31/2013 - Maintained by the University Bursar's Office.
Questions or comments regarding this page? Contact the Bursar's Office .