How do I get loan money? Forum
- Ferrisjso
- Posts: 2149
- Joined: Wed Oct 22, 2014 5:40 pm
How do I get loan money?
Just got apartment for LS and am going to need loan money to pay the rent in the fall. I have no idea how I'm supposed to receive my loan money. I know it's probably a stupid question that will be answered when I go to school but I'd like a little piece of mind because I already signed the lease.
- A. Nony Mouse
- Posts: 29293
- Joined: Tue Sep 25, 2012 11:51 am
Re: How do I get loan money?
You will get sent information about how to arrange all this from your school (you get sent the loan amounts you're eligible for and you accept up to the total amount), and it will get deposited in yout bank account usually the week before or the first week of classes.
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- Posts: 291
- Joined: Thu Oct 22, 2015 11:44 pm
Re: How do I get loan money?
apply for fafsa and have it sent to the school you are attending
then the school you are attending will give you the loan offer
then the school you are attending will give you the loan offer
Last edited by uhwrestler on Sun May 21, 2017 7:11 pm, edited 2 times in total.
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- Posts: 631
- Joined: Wed Aug 17, 2016 11:47 pm
Re: How do I get loan money?
How did you get a lease signed without the loan papers to show the landlord?
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- jlc058
- Posts: 111
- Joined: Tue Jul 26, 2016 12:38 pm
Re: How do I get loan money?
This may also be a stupid question but how do you pay tuition by the deadline if you don't get your loans disbursed until a week before/or week of first classes- I'm assuming most people don't have 50k laying aroundA. Nony Mouse wrote:You will get sent information about how to arrange all this from your school (you get sent the loan amounts you're eligible for and you accept up to the total amount), and it will get deposited in yout bank account usually the week before or the first week of classes.
- A. Nony Mouse
- Posts: 29293
- Joined: Tue Sep 25, 2012 11:51 am
Re: How do I get loan money?
Tuition isn't due till then. Basically it goes into your school account and they take out tuition and then what's left goes into your bank account.jlc058 wrote:This may also be a stupid question but how do you pay tuition by the deadline if you don't get your loans disbursed until a week before/or week of first classes- I'm assuming most people don't have 50k laying aroundA. Nony Mouse wrote:You will get sent information about how to arrange all this from your school (you get sent the loan amounts you're eligible for and you accept up to the total amount), and it will get deposited in yout bank account usually the week before or the first week of classes.