<p>Sorry maybe this is a stupid question but I don't know and I'd like to better understand the process since we've never done this before. My son got the rent deferral and that amount owed is now sitting on his money due area in Isis. He has the full amount of student loans, $5500 and I took a $2000 parent plus loan. Where does this money go and when? I mean where is the loan money deposited so that we can pay his housing fee? Or is it paid directly to the school and they pay the housing fee?</p>
<p>Hi Jena;</p>
<p>All that money won’t be disbursed until the 2nd or 3rd week of the semester (sometimes the 4th week) When that money becomes available the University goes ahead and pays itself -housing, tuition, fees, etc… Once UF has paid what it’s owed they will deposit the rest into your bank account. For that, you need to check and make sure that you signed up for direct deposit on Isis. Hope this helps</p>
<p>Thanks kttn2103, great info! Also thanks for the info about direct deposit. I will look there now and take care of that.</p>