NOTE: You must be enrolled in 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.