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Financial Aid Disbursement Timing
Posted: Tue Sep 27, 2016 7:11 pm
by PDX4343
I was hoping some of you could give me some insight into the normal time-frame that schools disburse financial aid. Really, I'm wondering if it would be possible to use a portion of the money I'll get back for living expenses to help cover moving costs? Or would that not work timing-wise?
Thanks!
Re: Financial Aid Disbursement Timing
Posted: Tue Sep 27, 2016 7:14 pm
by lymenheimer
PDX4343 wrote:I was hoping some of you could give me some insight into the normal time-frame that schools disburse financial aid. Really, I'm wondering if it would be possible to use a portion of the money I'll get back for living expenses to help cover moving costs? Or would that not work timing-wise?
Thanks!
Varies by school. They should have their policies available in some form on websites. Might be helpful for you to list schools you're looking at rather than getting a shotgun of responses
Re: Financial Aid Disbursement Timing
Posted: Tue Sep 27, 2016 7:17 pm
by PDX4343
lymenheimer wrote:PDX4343 wrote:I was hoping some of you could give me some insight into the normal time-frame that schools disburse financial aid. Really, I'm wondering if it would be possible to use a portion of the money I'll get back for living expenses to help cover moving costs? Or would that not work timing-wise?
Thanks!
Varies by school. They should have their policies available in some form on websites. Might be helpful for you to list schools you're looking at rather than getting a shotgun of responses
For sure. Wasn't sure if it varied or not. I'm considering:
- UVA
- Penn
- GULC
- Duke
Re: Financial Aid Disbursement Timing
Posted: Tue Sep 27, 2016 7:20 pm
by lymenheimer
I mean, my first instinct is that they vary by the start date. Duke didn't get them out until about 2 or 3 weeks after starting. To me at least. Some people got them a bit sooner (by a few days or a week...depends when the bursar got to your name)
Re: Financial Aid Disbursement Timing
Posted: Thu Oct 13, 2016 9:59 am
by BmoreOrLess
PDX4343 wrote:lymenheimer wrote:PDX4343 wrote:I was hoping some of you could give me some insight into the normal time-frame that schools disburse financial aid. Really, I'm wondering if it would be possible to use a portion of the money I'll get back for living expenses to help cover moving costs? Or would that not work timing-wise?
Thanks!
Varies by school. They should have their policies available in some form on websites. Might be helpful for you to list schools you're looking at rather than getting a shotgun of responses
For sure. Wasn't sure if it varied or not. I'm considering:
- UVA
- Penn
- GULC
- Duke
GULC is during orientation week or the first week of classes.
One option is to put the expenses on a credit card, assuming you're not already carrying a balance and will incur the expenses during August. You shouldn't need to pay off the card until September to avoid any finance charges.