Disbursement

When requesting a loan, ensure that your initial request covers the full amount you intend to borrow for all applicable terms. We strongly recommend submitting a single loan request for the entire academic year to minimize adjustments to your financial aid and avoid potential late fees. If needed, you may request a reduction in your loan amount at any time during the year.

Once funds are posted to your account, you will receive a notification. If you decide you no longer need these funds, you must email Student Financial Services from your Fordham email account. The timing of your loan disbursement depends on the loan period you choose, with the total loan amount distributed across the number of semesters or trimesters you plan to attend.

Example Loan Disbursement Schedules
Fall and Spring Terms: Your loan will be disbursed in two installments—half at the beginning of the fall term and the other half at the beginning of the spring term.

Single-Term Enrollment: If you are attending only one term, your loan will be disbursed in a single payment at the start of that term, with the full amount sent to Fordham in one installment.