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Loan disbursement
Loan disbursement
ALL Federal loans originated by ESSEC will be disbursed in the three equal instalments at the beginning of each term.The actual amount you receive will vary as it is dependent upon the exchange rate from USD $ to EURO € at the time of disbursement.
ALL Federal loans originated by ESSEC will be disbursed in the three equal instalments at the beginning of each term.The actual amount you receive will vary as it is dependent upon the exchange rate from USD $ to EURO € at the time of disbursement.
The disbursement dates for 2025/2026 are:
September 18, 2025
January 22, 2026
April 23, 2026
All disbursements are subject to the following conditions:
You are making satisfactory academic progress (see details below)
You are enrolled at least part time
You are not in USA
You have not violated any federal compliance regulations (repayment default, fraud, drugs)
You will be advised by email that a disbursement is due and its value and how much is due to be deducted from it.
WARNING - if you don't warn us in advance not to draw down your disbursement, then you will be responsible for all interest charges and for its repayment
Deadlines:
To ensure your loan is disbursed in time the Office of the Registrar at ESSEC must have received your completed application by September 1st of the academic year for which you'd like to borrow. Any applications received after this date will be deemed late applications and as such disbursements will fall outside of the advertised dates. If you fall into this category we will email you to advise of the next available disbursement dates. If you did not send your complete application pack to ESSEC before 1st August, your loans may not be available until the end of October.
Satisfactory Academic Progress
All students applying for or receiving US Federal Aid (unsubsidized federal Direct Stafford loan and federal Direct graduate PLUS loan) must progress satisfactorily towards completion of a chosen academic program in order to remain eligible to receive US federal loan support. At the end of each trimester, the Academic Affairs have to assess a student's academic progress by completing a Satisfactory Academic Progress form. Failure to maintain satisfactory progress may result in cancellation of loans, and the student may have to repay any funds already received. In case a student is not making satisfactory academic progress according to the program's academic policy as outlined in the Study Guide, the student is placed on financial aid probation. He/she may not receive federal funds unless the Academic Affairs have determined that he/she met the academic requirements specified by the school.
All students applying for or receiving US Federal Aid (unsubsidized federal Direct Stafford loan and federal Direct graduate PLUS loan) must progress satisfactorily towards completion of a chosen academic program in order to remain eligible to receive US federal loan support. At the end of each trimester, the Academic Affairs have to assess a student's academic progress by completing a Satisfactory Academic Progress form. Failure to maintain satisfactory progress may result in cancellation of loans, and the student may have to repay any funds already received. In case a student is not making satisfactory academic progress according to the program's academic policy as outlined in the Study Guide, the student is placed on financial aid probation. He/she may not receive federal funds unless the Academic Affairs have determined that he/she met the academic requirements specified by the school.
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