Can you tell me how I'll receive my financial aid, please?
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How you'll get your aid depends on the type of aid you accepted.
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I know, but what can you tell me about grants and student loans?
Your school will give you your grant or loan money in at least two payments called disbursements. In most cases, your school must give you your grant or loan money at least once per term semester, trimester, or quarter.
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What if I have a credit balance?
Then your school must pay this amount to you directly within 14 days unless you authorize the school to keep the money to pay for future institutional charges.
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When do schools that participate in federal student aid programs have to help me obtain my materials needed for my studies?
Are you eligible for disbursement i.e., the payment of your financial aid 10 days before the term begins?
No, I'm not.
Then I'm afraid that your school won't have to provide a way for you to obtain your books and supplies.
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That's a bummer. Ah, well. And what if my course uses paid online content?
In that case your school may have negotiated a deal with the publisher that will allow you online access at a fraction of the cost you would pay for a physical book. The paid online content may also come with study tools and other content in addition to the textbook.
