Loan Term Period
There are four loan term periods:
- fall only
- spring only
- summer only.
If your student is planning to attend both the fall and spring semesters, we recommend applying for the fall/spring loan period.
If you choose a fall/spring loan period, the amount of the loan will be split equally between the two semesters; so the disbursement of a $10,000 fall/spring loan would be $5,000 for the fall semester and $5,000 for the spring semester.