Federal Loan Disbursement Information

Albany State University participates when you look at the Federal Direct Loan Program, which include the Federal Direct Subsidized Loans, Unsubsidized Loans, Grad PLUS Loans, and Parent PLUS Loans. Students must finish the complimentary Application for Federal Scholar help (FAFSA) to qualify for federal loans. PROCESSING TIMELINE: Direct Subsidized and Unsubsidized Loans:Once a pupil accepts his/her loans in Banner online, normally it takes between 5-7 business days for processing. This processing time permits the educational college to submit the student’s approval of loans towards the Department of Education for certification.... Read The Rest →