<p>When is the deadline to accept loans?</p>
<p>I’m not sure there is a definite deadline date to accept loan offers–it’s kind of a fluid thing it seems to me. If you want to get loan funds disbursed to you the regular time about a week after classes start, accept the loan offer amount you want on blackboard financial toolkit at least a week before classes start to allow time to complete a master promissory note if you haven’t done that before and to allow time for financial aid office to process and get money to your account timely. Even if you reject loan offer now, I think you could still get the loan later on in the semester if you change your mind and request it IF THE FUNDS ARE STILL AVAILABLE.</p>
<p>With the uncertainty with the federal budget now and with the threats of financial aid for college students being reduced or eliminated for programs like Pell Grants and subsidized Stafford loans, it might be prudent to take advantage of whatever student loans are being offered you now. Even if you don’t need the loan money now, you might need it down the road if federal student aid programs get cut or eliminated, so if you are being offered a subsidized Stafford loan or Perkins loan with attractive terms maybe grab it now and stash it in bank and keep your hands off it until you might need it later or just pay it right back if unused when you finish school.</p>
<p>i would say before the disbursement date of financial aid. Which is like a week after classes begin.</p>
<p>Even if you end up changing your mind about whether you need them, I would go ahead and accept the loans in Blackboard. You have up to 120 days I believe to return any disbursed funds without penalty.</p>