Loan Disbursements

Receiving Loan Funds

Private loans are equally disbursed over the enrollment quarters of the current school year. Disbursement happens 10 days before the start of the quarter, and these dates cannot be adjusted. You can expect to see loan proceeds once your enrollment of a minimum of six (6) units is verified. The funds will be sent from the lender electronically and disbursed via BruinDirect, the UCLA accounts billing and receivable system.

Sign up for BruinDirect

Loan Disbursement Schedule

Note: If you do not sign up for BruinDirect your loan check will be mailed via U.S. mail to the mailing address listed on your UCLA Extension account. If the address is incorrect or needs updating, please inform the UCLA Extension Financial Aid Office.

If you selected a lender who does NOT participate in the electronic process, your paper check(s) will be sent to UCLA Student Loan Services. You will be required to pick up your private loan check in person at the Strathmore Building, Room 106 on the UCLA campus. To find out if your check(s) are available for pick-up, please contact the UCLA Extension Financial Aid Office. Checks are disbursed 3-5 days before the quarter starts and must be picked up within three weeks of the beginning of the quarter to avoid cancellation. To receive your private loan check(s) you must: 

  • Have already paid for classes at UCLA Extension
  • Present your registration receipts showing "PAID" in a minimum of six (6) units. Note: Courses must be taken for a letter grade. Courses numbered 700-900 are not eligible for private loans.
  • Show a valid picture ID: U.S. driver's license, California ID, Military ID or passport.

Check disbursement location: 

Strathmore Building
555 Westwood Plaza, Room 106
Los Angeles, CA 90095

Contact UCLA Student Loan Services

 

Sign up for BruinDirect

BruinDirect is the electronic deposit of funds directly into your personal bank account. This service gives you access to your money faster and more conveniently than a mailed check. BruinDirect may be used for checking accounts at any bank or credit union in the United States. Please follow the instructions below to sign up for BruinDirect.

If you already have a MyUCLA account:

  1. Log into MyUCLA*
  2. Click on the Finance and Jobs tab
  3. Click on BruinBill
  4. Sign up for BruinDirect

*If you do not have a MyUCLA account, follow these instructions to set one up:

  1. Obtain your UID (university identification number). It will be sent to you in an email confirmation after your loan has been certified. Use your UID to complete steps 2 and 3 below.
  2. Create a UCLA Log On ID
  3. Log into MyUCLA using the log on credentials created

What is MyUCLA?

MyUCLA is the central hub for all online UCLA student resources.

What is BruinBill?

BruinBill, the UCLA campus billing platform, is where you can manage and view your loan disbursement and refunds transaction history. Access BruinBill by logging into your MyUCLA account.

What is BruinDirect?

UCLA's BruinDirect is a fast, secure process to deposit financial aid refunds directly to a student’s bank account. Sign up for BruinDirect by logging into MyUCLA, click on the Finance and Jobs tab and click on BruinBill.

Disbursement vs. Refund?

Disbursement: The payment of federal or private student aid funds to the student by the school. This is the accepted financial aid sent to your BruinBill. 

Refund: Any amount of leftover aid after all BruinBill payments are due. These funds are sent to the student via direct deposit through BruinDirect (2-3 business days) or by paper check (10 business days).

Loan Disbursement Schedule

Private loans will be equally disbursed over your quarters of enrollment for the current school year. Loans are disbursed 10 days before the start of the quarter. The dates listed below cannot be adjusted and are the earliest a loan can be disbursed. 

Schedule for 2024-2025

Quarter Loan Period Disbursement Date
Summer 2024 06/24/24 – 09/15/24 06/14/24
Fall 2024 09/23/24 – 12/15/24 09/13/24
Winter 2025 01/06/25 – 03/23/25 12/27/24
Spring 2025 03/31/25 – 06/15/25 03/21/25

Note: Loans will only disburse after students have already paid for classes at UCLA Extension (at least 6 units per quarter). Courses must be taken for a letter grade. Courses numbered 700-900 are not eligible for private loans.

UCLA Extension Financial Aid Office

Our team members are here to help. Mon-Thur, 8am-5pm.

vector icon of building

Corporate Education

Learn how we can help your organization meet its professional development goals and corporate training needs.

Learn More

vector icon of building

Donate to UCLA Extension

Support our many efforts to reach communities in need.

Innovation Programs

Student Scholarships

Lifelong Learning

See More