If you have questions about verification, contact the financial aid office as soon as possible so th 2025

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Your servicer will notify you if the IDR account adjustment will erase your remaining loan balance. If you qualify for a refund, expect to receive it within about two months of the loan forgiveness.
It takes up to 3 business days from the date of your Financial Aid Disbursement for the funds to show in your bank account.
Full-time- you can apply online through AB Student Aid. Applications take anywhere from 2-4 weeks (online) to process. * Paper applications are only available in special circumstances. To request one, call AB Student Aid at 1-855-606-2096 and ask for the Client Resolution Unit.

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Verification is a process that the U.S. Department of Education uses to make sure that the information reported on the FAFSA is accurate. Some FAFSA applications are selected because of inconsistent information, and others are chosen randomly.
Typically, student loans do not get deposited in your bank account. Instead, the loans are disbursed directly to the school where it is applied to tuition payments and room and board. If there is any money leftover after paying for tuition, the money will then be distributed to the student.
Once your loan has been processed electronically through the above processes, funds should be received within 7-10 business days. Receipt of funds via paper loan will take longer due to the time allotted for mailing the forms and the time for the receiving department to process the loan.
If you dont receive the secure code, you can select Resend code on the two-step verification page. If you selected email, check your spam folder or refresh your inbox to confirm a message with the code isnt there. If you selected SMS text, there might be a delay or an outage.
For federal loans, the entire process can take 1-3 weeks for first-time borrowers. The good news is that after you have received your first payment for your first term of college, your financial aid is disbursed automatically for the following terms.

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