<p>Hi all, I will be senior since fall and I have $5500 Federal Subsidized Direct Loan provided in my FA package. I accept the full loan amout and finish the counselling session and MPN on 8/16.
Does anybody know usually it takes how long for FA office to process the loan then I will get the money?
And the loan will be divided to several payments or one payments?</p>
<p>Usually it is divided over the number of sessions your schools has in the regular school year. So if is is a semester system you will get half the first semester and half the second.</p>
<p>It will be divided between fall and spring semesters. Direct loans process quickly but refunds are distributed by the school - check their website for their disbursement schedule.</p>