17 mar This required notice ensures the borrower is aware of the loan and agrees to assume the debt
Loan Disbursement Notification You will receive a separate notice from our office when a federal loan (Federal Direct Subsidized/Unsubsidized, Federal Parent PLUS, Federal Graduate PLUS, or Federal Perkins Loan) disburses to your account. We include instructions on how to reduce or cancel federal loans in this notice.
Virginia Tech awards financial aid on the assumption of full-time enrollment (12 credits undergraduate/9 credits graduate). If you will not enroll full-time, please contact our office by phone, email, or in person so that we may review your eligibility for aid. Failure to notify us of less than full-time enrollment will delay the delivery of your financial aid. If you are enrolled less than full-time after the last day to add for the term, as published on the Registrar's website, your financial aid may be reduced or cancelled.
Balances/University Bills If your financial aid does not cover your direct university charges, your are responsible for paying the balance by the date indicated on the e-bill. If your financial aid exceeds your direct university charges, the earliest any excess financial aid may be available as a refund to you is the Thursday prior to the start of classes, assuming full-time enrollment and completion of all financial aid requirements.