A temporary credit is based on the amount of loan actually certified, or, if the loan is not certified, the amount of recommended Stafford Loan on your Financial Aid Notice.

A temporary credit is applied to your Spring 2009 student billing account for the Spring portion of your approved Stafford Loan; it will be removed in early January, to coincide with your lender’s disbursement of loan funds.

Temporary credits are based only on the amount of loan actually approved, and reflect a 3% lender origination fee reduction. Actual fees may be between 3% and 4%, depending on your lender. The temporary credit will be removed in early January to coincide with your lender’s disbursement of loan fundsl