Disbursement

Scholarships will automatically disburse to your Hofstra account according to the disbursement schedule below.

Step 1:  Accept the loan by logging in to the Hofstra Portal.

Step 2: Complete the North Shore-LIJ Health Loan promissory note and entrance counseling at ECSI, the school's loan servicer. ECSI will send instructions to your Hofstra Pride email account approximately 24-48 hours after loan acceptance. You must complete a new promissory note each year that you borrow the North Shore-LIJ Health loan. 

Step 1:  Accept the loan by logging in to the Hofstra Portal.

Accepting Federal Loans - federal regulations require that all federal loans be divided into two equal installments.  However, you may submit a request to adjust your loan disbursements after the fall disbursement if you wish to borrow more for the fall semester and less for the spring semester.  Please visit the Forms section of our website to download the loan adjustment form and submit it to our office for processing.

Step 2:  First-time borrowers only:  After completing Step 1, complete the Master Promissory Note (MPN) and Entrance Counseling at the U.S. Department of Education website. 

Step 1:  Accept the loan by logging in to the Hofstra Portal.

Accepting Federal Loans - federal regulations require that all federal loans be divided into two equal installments.  However, you may submit a request to adjust your loan disbursements after the fall disbursement if you wish to borrow more for the fall semester and less for the spring semester. Please visit the Forms section of our website to download the loan adjustment form and submit it to our office for processing. 

Step 2:  Complete a separate Graduate PLUS loan application at the U.S. Department of Education studentaid.gov website.  A new application must be completed each year that you borrow from this loan program.  A credit check will be performed by the U.S. Department of Education during the application process.

Step 3:  First-time borrowers only:  After completing Step 2, complete the Master Promissory Note (MPN) and Entrance Counseling at the U.S. Department of Education website.