Loan Checks Disbursed?

(housing, friendships, future exams, all things 2011)
oortaq
Posts: 2
Joined: Mon Nov 12, 2007 3:10 pm

Loan Checks Disbursed?

Postby oortaq » Thu Jul 10, 2008 9:24 pm

Hello,

Does anyone know when our GradPlus/Stafford loans get disbursed? Onthe calendar of events it says that "private" loan checks will be available August 11th...does that include GradPlus? Basically, when do we get the money we need to live off of for a semester?

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edgarderby
Posts: 279
Joined: Tue Aug 14, 2007 2:51 pm

Re: Loan Checks Disbursed?

Postby edgarderby » Thu Jul 10, 2008 9:30 pm

IIRC, federal law prohibits refunds from being issued before the first day of classes.

So, no.

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justingeist
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Joined: Tue May 27, 2008 5:24 pm

Re: Loan Checks Disbursed?

Postby justingeist » Thu Jul 10, 2008 9:47 pm

:?
Last edited by justingeist on Sat Jul 19, 2008 10:49 pm, edited 1 time in total.

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edgarderby
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Joined: Tue Aug 14, 2007 2:51 pm

Re: Loan Checks Disbursed?

Postby edgarderby » Thu Jul 10, 2008 10:02 pm

justingeist wrote:for stafford and plus loans, the financial aid office gives the lender a requested disbursement date when they certify your enrollment. You can simply call your loan provider/guarantor or call the financial aid office to find out what date they set for disbursement. this varies totally by school and program.


That's not what he asked though. He said, "money to live off of." The disbursement to the school date is not when he would get his check of the excess loan money for COL.

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justingeist
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Joined: Tue May 27, 2008 5:24 pm

Re: Loan Checks Disbursed?

Postby justingeist » Thu Jul 10, 2008 10:15 pm

:wink:

AmiraAlexandria
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Joined: Mon May 23, 2011 3:23 am

Re: Loan Checks Disbursed?

Postby AmiraAlexandria » Thu Jun 09, 2011 5:46 pm

When you get approved for a grad plus loan, how soon do you get the money? Is it before school starts or after tuition is paid for? My school doesn't have dorms and I would need the loan to look for apartments.




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