Availability of Funds

Availability of Funds

Financial aid funds will be tentatively disbursed as follows.    Funds not needed to cover the student's bill will be refunded to the student approximately 3-5 business days after these dates.  Students who have not signed up for direct deposit will have the funds mailed to their home address.  If you have not signed up for direct deposit and wish to do so, please contact the Bursar Office (570)389-4013 or review the tutorial at www.bloomu.edu/isis/tutorialsRemember these are tentative dates and are subject to change.

Please see www.bloomu.edu/finance_busoffice/textbooks regarding using excess financial aid for University Store charges.

Summer 2014 (Term Dates 5/19/14 to 8/08/14) Loans Only - All Grants will be disbursed July 9
  • Session 1 (5/19/14 - 8/8/14):  May 28 (Wednesday) - subsquent disbursements will typically be each Wednesday
  • Session 2 (5/19/14 - 6/27/14):   If you are enrolled in both Session 2 and Session 3, you must be enrolled at least half-time (undergraduate 6 credits - graduate 5 credits) in Session 2 to receive funds on May 28.  Otherwise disbursement will be July 9.
  • Session 3 (6/30/14 - 8/8/14):   July 9 (Wednesday) - subsquent disbursements will typically be each Wednesday
Fall 2014 (Term Dates 8/25/14 to 12/12/14)
  • September 4 (Thursday) - subsequent disbursements will typically be each Wednesday
Spring 2015 (Term Dates 1/20/15 to 5/08/15)
  • January 29 (Thursday) - subsequent disbursements will typically be each Wednesday