So, um...When Do We Get Our Money?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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js87
Posts: 434
Joined: Tue Jul 01, 2008 11:42 pm

Re: So, um...When Do We Get Our Money?

Postby js87 » Wed Apr 21, 2010 6:01 pm

When do we actually apply for loans? I got my "award" letter (loans maximums) from my school a few weeks ago. What's next?

angioletto
Posts: 285
Joined: Sun Aug 23, 2009 8:14 pm

Re: So, um...When Do We Get Our Money?

Postby angioletto » Wed Apr 21, 2010 9:53 pm

I assumed I would get my loan money the week before classes begin like I always did in UG but according to our FA office we won't get the money until about 3 weeks after classes begin. We were told to adjust our summer budget/textbook budget accordingly.

Sucks.

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Kohinoor
Posts: 2756
Joined: Sat Oct 25, 2008 5:51 pm

Re: So, um...When Do We Get Our Money?

Postby Kohinoor » Wed Apr 21, 2010 9:58 pm

Pearalegal wrote:No, really.

Clench. We didn't get our money till a month after classes started.

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thinkbig
Posts: 253
Joined: Thu Apr 02, 2009 4:59 pm

Re: So, um...When Do We Get Our Money?

Postby thinkbig » Wed Apr 21, 2010 10:08 pm

js87 wrote:When do we actually apply for loans? I got my "award" letter (loans maximums) from my school a few weeks ago. What's next?


love the tar. get outta my office!

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lallygag
Posts: 62
Joined: Fri Jan 16, 2009 1:41 pm

Re: So, um...When Do We Get Our Money?

Postby lallygag » Thu Apr 22, 2010 11:11 am

js87 wrote:When do we actually apply for loans? I got my "award" letter (loans maximums) from my school a few weeks ago. What's next?


Check your award letter for instructions. There might be a deadline to respond/accept your award. In my case, I've completed loan entrance counseling, and now I just gotta sign those MPN's and get my credit checked by the Dept. of Ed. Then I'll cry as I go into debt.




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