University of Arkansas at Little Rock

Student Aid Funds Credited to Student Accounts
Confirmed financial aid awards, other than loans from selected lenders, will be credited to student accounts. A student must be registered in the required number of hours before his/her account can be credited to student accounts.

Student and Parent Loans

NOTE: You must be enrolled at least half-time toreceive your loan. Minimum enrollment requirements are 6 hours for undergraduate, 5 hours for graduates, and 4 hours for law students.

Loans will be received at UALR by check or an Electronic Funds Transfer (EFT). Students must meet all disbursement requirements before loan funds can be requested from the lender. Students receiving paper checks will be required to endorse the check before the loan check amount can be credited to the student account. Students must appear in person and must provide identification. The receipt of loan funds issued by paper check may be delayed up to 30 days after the start of the semester.

Loan funds received via EFT will be credited directly to the student’s account.

Funds for Parent (PLUS) loans must be received by either paper check or EFT. PLUS checks that require a parent endorsement will be mailed to the parent by the UALR Cashier’s Office.

A change check will be created for the amount of credit balance remaining after loan funds have been applied and all changes are paid.

Delayed Release of Loan Funds
All first-year students borrowing for the first time are subject to delayed disbursement. Loan funds for these students will not be released by the lender until 30 days after the first day of class. This restriction applies to the students first semester at UALR.

Direct Deposit/Change Checks
If the amount of the financial aid credited to your student account exceeds your total charges, UALR will issue the difference to you through direct deposit to your bank account or via a change check. Questions about direct deposit or change checks should be referred to UALR Student Accounts at (501) 569-3450.

Payment Deadlines
Students who have been offered at least $100 of financial aid by the payment deadline will not be required to make a deposit to hold their registration.

NOTE: Financial aid award notification does not waive final responsibility for payment.