Answer
A disbursement is when your selected funding is paid to the school and applied to your student account.
Once you accept your financial aid funding package and begin classes, your financial aid money will be applied to your account at Herzing University to cover the cost of tuition and fees. This generally happens about 10 days after classes have started.
This link will provide you with the estimated dates for the federal funds to be disbursed: https://www.herzing.edu/disbursement-schedules.
Funding outside of Federal sources from the FAFSA has different dates and ways of disbursing. Please refer back to your financial aid advisor for more information.