University of Plymouth does not authorise the disbursement of aid directly to the student. You should not expect to receive funds prior to arriving in the UK.
Disbursement of Direct Loans will be on two (2) or three (3) separate dates coinciding with the nature of the degree program you are undertaking. This is to allow the academic monitoring requirements mandated by the US Department of Education in the second and, if applicable, third payment periods.
Disbursement of Private Loans will be on one (1) occasion.
Disbursement of VA Educational Benefits will be on two (2) or three (3) occasions coinciding with the nature of the degree program you are undertaking. This is a requirement of the certification process for benefits mandated by the US Department of Veterans Affairs.
Please note that the disbursement date is the date that your financial aid is paid against outstanding charges on your student account at the University, and not the date that funds will be available to you. Any funds remaining after payment is made against your student account will be paid into your bank account. This must be a UK bank account and you must provide us with your UK bank account details at the earliest opportunity.
We recommend that, on arrival in the UK - if not before - you make it a priority to open a UK bank account. Once you have the details of your bank account then please inform the University’s Student Funding Unit.
Please note that advertised disbursement dates are a guideline only. The University is unable to guarantee disbursement dates as it depends upon funds being made available by the lender/sponsor.
2020/2021 dates are:
- Disbursement on 21 September 2020 for payment on or around 28 September 2020
- Disbursement on 7 January 2021 for payment on or around 14 January 2021
- Disbursement on 12 April 2021 for payment on or around 19 April 2021