<p>Hello everyone.</p>
<p>I have a question regarding financial aid disbursement rates. In a week I will be heading off to SanFrancisco State Uni., and my Fin. Aid disbursement date is on the 19th by direct deposit.</p>
<p>My question is, will it give you the full amount of awards/loans you accepted per semester? Or will the money be distributed by certain amounts each month?</p>
<p>Thanks</p>
<p>Generally, by semester. I’ve never heard of FA being disbursed monthly.</p>
<p>No, they will not give you the full amount of the loans and other awards you’ve accepted. They will deduct their charges first and refund the balance. Many schools will not refund federal grant aid until after the drop/add period so you might want to check on their policy for different types of aid.</p>
<p>Check with your school. We had one school that disburses excess aid after the add/drop period. The add/drop period was 2 weeks and it took about another week to get the check. So about three weeks after school started. The other school took forever - about 6 weeks after school started. </p>
<p>There was a poster a few days back that said their school disbursed loans in 2-3 separate installments over the semester, which I had not heard of before.</p>
<p>So it really depends on your school.</p>
<p>They vary a lot, the one I’m attending now won’t disburse for fall semester until after attendance is verified Nov. 16th. The one I hope to transfer to disburses 2 weeks after classes begin.</p>