Disbursement Information

The academic year is a year-long program comprised of three semesters. Direct charges (tuition and fees)charges will be deducted from the student's financial aid first. MTSA will makeany applicable payments received before a depositrefund (credit balance) is mailed to you. Financial disbursements for loans are set up to be disbursed on the first day of any credit balance into the student’s bank account through an electronic transfer of fundsevery semester. Student accounts are maintained by the Business Office and students may. Students can view their account informationdisbursements on their CAMS student portal.