Search by Category

Academics
Finances
Campus Services
Can't find what you need?
Contact Us
Knowledge Base  
Article

Will my private education loan disburse if I have a SAP Hold?

« Go Back

Information

 
Functional GroupFinancial Aid
Information
The SAP Violation hold will prevent ASU from disbursing your private loan funds. Disbursement of your private education loan is dependent upon your private lender’s policies. ASU will review your file once we receive your private loan funds from your lender to determine if you are eligible for disbursement. If your lender does not require that you meet SAP, then ASU will disburse your private education loan funds.
 
Currently, the following private lenders allow for disbursement if a student is not meeting SAP:
  • Citizen’s Bank
  • Sallie Mae
  • Wells Fargo (undergraduate only
*This is not a full list of private lenders who allow for disbursement if a student is not meeting SAP standards.  The list represents private lenders that we most often see students use who are not meeting SAP standards.  Private lenders' policies are subject to change and ASU is required to abide by them.*

Need additional help?  Access 24/7 live chat, create a case from My ASU Service Center or call 855-278-5080.

Feedback

Was this article helpful?