FAQ - I have a Private Educational Loan from a bank that needs to be certified and the lender said the school has been sent the loan certification. How long does this process take to complete?

Question
I have a Private Educational Loan from a bank that needs to be certified and the lender said the school has been sent the loan certification. How long does this process take to complete?
Answer
  • If you submitted a FAFSA, the Office of Scholarships and Financial Aid (OSFA) will give you time to accept your federal student loans. If you do not intend on accepting federal loans, log in to our Ask Aid portal, select the category “Student/Parent Loans” from the drop down, and the “Private Educational Loan” subcategory to notify our private loan team so they can begin processing your private loan.
  • Our office begins certifying Private Educational Loans after the Bursar's student accounts are charged with fall or spring enrollment tuition and fees. Due to the volume of requests, the processing time leading up to the start of the fall and spring semesters can increase beyond the three week standard.
  • The student must be enrolled in the current or upcoming academic year (the semester corresponding to the loan period) before the University of Arizona can certify the student's Private Educational Loan request. However, if you have a past due balance from a previous semester and were enrolled in the minimum unit requirement by your lender, our office will certify the Private Educational Loan for the prior semester's enrollment even if you are not currently enrolled.
  • If we need information from you before processing your loan certification, we will reach out to you directly via your CatMail account. Please monitor your email and submit the requested information as soon as possible.
  • If you have additional questions about your Private Educational Loan, log in to our Ask Aid portal, select the category “Student/Parent Loans” from the drop down, and the “Private Educational Loan” subcategory to submit the question to our Private Loan team.