Disbursement of Private Loans
- Private loan checks are made payable to the student.
- The Bursar's Office contact students - generally
by email - to come to
333 East Campus Mall #10501
to endorse the check, and then it is applied directly onto the
student's Tuition Account.
-
If there are no charges to pay, or the amount of aid is greater than the amount of charges, the excess is refunded to the student.
- Refund checks are mailed to student's active 'mailing' address.
- If there is no active mailing address, the system will use an active 'home' address.
- If neither address exists, a refund cannot be processed until the student updates addresses on the http://my.wisc.edu website.
Disbursement procedures for different types of financial aid:
- Federal Family Educational
Loan Program (FFELP)
- Subsidized Stafford Loan
- Unsubsidized Stafford Loan
- PLUS
- State Grants
- WHEG
- TIP
- Indian
- Handicap
- Campus Based & Institutional Loans
- Federal Perkins
- Federal Health Professions - Medicine & Pharmacy
- Nursing
- UW-Madison Long Term
- Campus-Based Institutional Grants
- Scholarships from a UW-Madison Department
- Scholarships from an EXTERNAL organization
