http://loancolleges.com/is-student-loan-money-sent-directly-to-the-school-or-to-you-do-you-need-to-apply-each-school-year/ Private Student Loans, Federal Student Loans Thu, 17 May 2012 15:53:39 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://loancolleges.com/is-student-loan-money-sent-directly-to-the-school-or-to-you-do-you-need-to-apply-each-school-year/comment-page-1/#comment-1106 me Tue, 05 Jan 2010 01:31:01 +0000 http://studentloanclub.net/is-student-loan-money-sent-directly-to-the-school-or-to-you-do-you-need-to-apply-each-school-year/#comment-1106 It depends totally on the people with the money. Our group gives out money only for the books, and pay it to the bookstore. Some are for two years, some for one, some limited to how long it takes you to use up the money. It depends really on the people with the money. Our group gives out money only for the books, and pay it to the bookstore. Some are for two years, some for one, some limited to how long it takes you to use up the money.

]]> http://loancolleges.com/is-student-loan-money-sent-directly-to-the-school-or-to-you-do-you-need-to-apply-each-school-year/comment-page-1/#comment-1105 bashleyf Tue, 05 Jan 2010 01:17:50 +0000 http://studentloanclub.net/is-student-loan-money-sent-directly-to-the-school-or-to-you-do-you-need-to-apply-each-school-year/#comment-1105 My loans have always worked this way: I fill out a FASA and the school contacts me when they know how much money I am eligible for. Then I have to fill out an acceptance form and a loan application. Although I'm going through the school's financial aid department, the loans are furnished by outside lenders. The lender usually sends the money to the school, and they deduct the tuition from the balance (I have to fill out another form giving them permission to do this). I get a check with any extra money (my school has direct deposit). I've had to fill out a FASA every year for the following school year. I don't know if it is the same with a private loan. You might check with the bank or with your school's financial aid office to see in what ways your loan might vary, if you haven't already done so. My loans have always worked this way: I fill out a FASA and the school contacts me when they know how much money I am eligible for. Then I have to fill out an acceptance form and a loan application. Although I’m going through the school’s financial aid department, the loans are furnished by outside lenders. The lender usually sends the money to the school, and they deduct the tuition from the balance (I have to fill out another form giving them permission to do this). I get a check with any extra money (my school has direct deposit). I’ve had to fill out a FASA every year for the following school year. I don’t know if it is the same with a private loan. You might check with the bank or with your school’s financial aid office to see in what ways your loan might vary, if you haven’t already done so.

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