Electronically transferred loan funds are applied directly to the student's account.
Paper student loan checks must be endorsed at the Business Office. Students will be notified by email when the check arrives. The student must endorse the loan check before the funds will be credited to the student's account.
Paper PLUS loan checks are mailed directly to the parent for endorsement. They must be returned to the Business Office to be applied to the student's account.
According to federal regulations the University of St. Thomas is required to have a signed Title IV Federal Financial Aid Student Authorization Form from all students in order to use Title IV federal financial aid funds to pay the student's charges other than tuition, fees, room and board.