Your private education loan is showing a disbursement hold on My ASU because we have not yet received the private education loan funds from your lender. This is normal, and it will remain on hold even after your lender indicates they have sent the funds to ASU. Once we do receive the funds, it does take additional time for ASU to disburse the funding.
If you are not meeting Satisfactory Academic Progress or are not enrolled at least half time, ASU will review your file once we receive your private loan funds to determine if you are eligible for disbursement.
If your lender does not require that you meet SAP, ASU will disburse your private education loan funds to your student account following that review.
Need additional help? Access 24/7 live chat, create a case from My ASU Service Center or call 855-278-5080.
