Loan Disbursement

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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kalvano
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Joined: Mon Sep 07, 2009 2:24 am

Loan Disbursement

Postby kalvano » Wed Mar 31, 2010 8:57 pm

Do they distribute Stafford / Grad Plus loans all at once or split them up by semester?

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swc65
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Joined: Wed Jul 22, 2009 11:27 am

Re: Loan Disbursement

Postby swc65 » Wed Mar 31, 2010 10:25 pm

they're split up which is good because interest does not accrue on money that you won't need until later.

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kalvano
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Joined: Mon Sep 07, 2009 2:24 am

Re: Loan Disbursement

Postby kalvano » Wed Mar 31, 2010 10:41 pm

Actually, I'd prefer to get all the Grad Plus at once. Oh well. Thanks.

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destroyer
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Joined: Fri Nov 27, 2009 9:06 pm

Re: Loan Disbursement

Postby destroyer » Wed Mar 31, 2010 10:52 pm

when are the loans disbursed? Because wouldn't you need part of your loan money to set up living arrangments before the beginning school.

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maxpayne
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Joined: Wed Jun 24, 2009 2:28 pm

Re: Loan Disbursement

Postby maxpayne » Wed Mar 31, 2010 11:06 pm

Bump.

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richardfitzwell
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Joined: Tue Jun 09, 2009 3:03 am

Re: Loan Disbursement

Postby richardfitzwell » Wed Mar 31, 2010 11:09 pm

destroyer wrote:when are the loans disbursed? Because wouldn't you need part of your loan money to set up living arrangments before the beginning school.



Well you may need the money before that but your loans will be disbursed once classes start. Plan ahead.

hth.




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