<p>If you get a loan based on FAFSA, does the whole amount go in the account at the beginning of the year, or does it get divided in half for each semester?</p>
<p>Half of the total loan amount, minus the origination fee, gets deposited each semester unless you request otherwise.</p>
<p>Are you talking about a Fed Direct student loan? If so, I think the amount is divided. Is that a problem?</p>
<p>Yes. That’s what I was talking about, but it is not a problem either way. I just want us to plan for it. Thank you!</p>