Extra money from loans?

<p>Does anyone know when the actual money is given to me? I'm living off-campus and I need to pay for the first couple months rent on my apartment that I'm moving into this summer. I've heard that you don't get the money from the school until about 3 weeks into the semester. Is this true?</p>

<p>It depends on the school. They do not usually give any money back until after the drop/add period. My daughter's school the add/drop period is at the end of the 2nd week and they are then very quick to pay the money out, usually early in the 3rd week of school. My son's school does not pay it out until the 5th or 6th week.</p>