NOTE: You must be enrolled at least half-time to receive 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 direct deposit or change check will be created for the amount of credit balance remaining after loan funds have been applied and all changes are paid.