Private Loan Help

<p>Hey guys, </p>

<p>I'm just really confused on the process of taking out a private loan. On Student</a> Loans - Private Student Loans, Federal Consolidation Programs, Stafford & PLUS, I entered in all the info I needed- the amount, the school, my zip code, private loan, have a co-signer, etc etc.</p>

<p>But the problem is, when I read the information of each loan, some of them say that they're going to disburse the loan money directly to the school. I don't want that because part of the loan is covering my tuition and the other part is for personal expenses.</p>

<p>Does this mean I apply for two separate loans? One loan covering the amount that will cover my tuition and the other to be mailed home? Or can I change that option and just have the disbursement sent to me?</p>

<p>Thanks. I really need to do this ASAP.</p>

<p>Loans are always disbursed to school. If part of loan is for living expenses, the bursar will disburse the excess funds to you after tution, fees are settled.</p>