The financial aid award notice informs you of the type and amount of federal loans you may receive based on information on the FAFSA form. Enclosures included with the award notice will guide you through the process of obtaining the funding. It is important to stay in touch with the Dartmouth College financial aid office and your lender to ensure that all documentation necessary for loan processing is in order.
Yes. If you have funds in excess of your student bill, you can ask for a refund. The refund check can be deposited into your own checking or savings account to be used for expenses such as rent, utilities, food, books and miscellaneous items.
Loan disbursements are scheduled in equal installments to coincide with enrollment terms. The funds are posted to your student account after the official registration check-in period. If your loans create a credit balance (i.e., an amount in excess of your student bill), you may request a credit refund check directly from Student Financial Services. These requests usually take 5-7 days to process. Thus, it is possible that the funds will not be available for up to three weeks after the start of classes. Please plan your resources accordingly.
All students are encouraged to research grants and scholarships available from outside sources. Information can be found through web searches such as those listed below as well as in publications readily available through bookstores and libraries.
Many lenders offer privately funded educational loans. In most cases, the Financial Aid Office will need to certify your enrollment and educational costs. These commercial loans have varied interest rates, origination fees, and repayment terms and may require a co-signer.
