How and When Student Financial Aid is Disbursed

Federal Direct Loans are originated shortly before classes have begun. The funds are awarded typically in two disbursements per academic year and are generally applied as a credit on the IWU student account approximately 10 days before the start of each term.

All other types of aid are awarded and disbursement dates set as the necessary paperwork is received.

All financial aid forms and information submitted online must be received at least three weeks before a planned class start.