- The annual limit cannot exceed UNT Cost of Attendance minus the other financial aid you receive.
- Loan funds will not disburse until all requested documentation has been submitted and your aid application is considered to be complete.
- A note will be placed on your To Do List on MyUNT if additional steps are required before disbursement.
- Federal Regulations state financial aid must wait until 10 days before the start of each long semester to begin disbursing money to pay your account if your file is complete. Student Accounting will begin the refund process once funds have been released to your account.
- For summer, loan funds will be released in one disbursement on the 1st class day of the session in which you establish half-time attendance.
- If you are a new borrower at UNT (including transfer students), you must complete Federal Direct Loan Entrance Counseling.
- Continuing UNT borrowers will need to complete the Financial Awareness Counseling Tool (FACT) annually. You must complete the counseling before UNT can make any payment of your loan.
- Each Federal Direct Loan borrower at UNT is required to complete Student Exit Counseling shortly before completing a degree, leaving UNT (i.e., withdrawing, graduation) or ceasing half-time enrollment.
- Federal student loans have many repayment options.