Deadline to accept finaid offer

<p>When is the deadline to accept my financial aid offer? I've held off on deciding what to do about the various loans that I received, but now that payment is due 8/15 I think I should start accepting some loans. When's the deadline? How quickly will I get the loan money? What about grant money?</p>

<p>I’ve heard other people say that there isn’t really a deadline. Of course you have due dates for those bills, but apparently you can accept loans (grants are automatically accepted) well into the school year.</p>

<p>Is the money (loan + grant) sent to my CARS account as credit? If so, how soon will that be?</p>

<p>Yea, the grants and loans (if/when accepted) automatically go to your cars account to pay for tuition, housing, etc.</p>