Loan disbursement / 12months plan

Colleges & Universities A-Z Cornell University
1

<p>Hey guys, </p>

<p>So the loans will not be disbursed until later (8/16) but the installment of the 12months plan is due on 8/1. Furthermore, we have to pay our bill by 8/7. </p>

<p>I understand how to enroll in the 12months plan. What I don't understand is how much to pay by 8/7. When enrolling in the 12months plan, there is a number box where I can enter the amount of Loan I accepted, and the monthly fee is generated including that amount. However, my loan will not be disbursed at the time of my first payment yet, therefore I cannot cover the amount I owe until when they are disbursed. </p>

<p>How does this work?</p>

<p>Thanks!</p>

2

<p>Nevermind guys. I feel stupid for asking this. I revisited the studentcenter and noticed after doing a simple math that the amount due does include the accepted loans!!</p>

3

<p>Basically you just need to pay whatever your fin aid doesn’t cover. So subtract “what you owe” with the amount of your fin aid :)</p>

4

<p>Just use NetPay to find out how much you owe. It already has the financial aid updated, whereas Student Center doesn’t.</p>

5

<p>malan89: Actually, while the studentcenter has both the subsidized and the unsubsidized loans updated, NetPay only has the subsidized. I hope it updates soon…</p>