Loans?

<p>how do the financial aid loans work? How/when do we receive the money? Like does it just go into my bank account and automatically appear in CARS, or do I get it in the mail and have to deposit it manually? I know I should talk to the school, and I will, but I just thought I'd get some insight from you guys. </p>

<p>thanks.</p>

<p>really? no one has any idea? lol…so I guess either you are all living on grants or daddy’s pocket and not getting loans?</p>

<p>I’m sorry…that was rude, seriously, sorry…just cant get a hold of the finaid office and I’m getting antsy…</p>

<p>Relax a bit – while 16hr is typically enough time for a response, you really should wait a couple more days before bumping.</p>

<p>Loans are given when grants cannot cover your costs, so not that many people get them. Once you accept them, they’re lumped in with the grants and deposited in CARS like everything else. You get all the loans as part of the CARS refund.</p>