<p>When will we receive our financial aid in order to pay for school fees? The first payment is sept 17 so will we receive it by then? I signed up for DEFT and i haven't received an email yet.</p>
<p>I noticed that too. If you accepted the school paying your fees first, then they will cover it.</p>
<p>Check your Zot Account ( <a href=“UCInetID Secure Web Login - Loading Session Information”>UCInetID Secure Web Login; ) and it should show that you have a CR balance, which means they will cut you a check (or auto deposit) that amount. When? </p>
<p>The “Important Dates” lists the date as September 24th. [Important</a> Dates: Freshmen Undergraduate Students](<a href=“Dates & Deadlines | Office of Financial Aid and Scholarships | UCI”>Dates & Deadlines | Office of Financial Aid and Scholarships | UCI)</p>
<p>Do you know if you accepted a subsidized loan, would the whole amount you borrowed come out including what is left over from your financial aid? And is it required to pay a monthly for the principal loan, not the interest when you start school?/can you pay off the whole principal loan before you end school and not pay any interest? Sorry if I am asking such a heavy dense questions about loans</p>
<p>Interest accrues from the moment you take out the loan - they encourage you to pay the interest while you’re in school but its not required.</p>
<p>You can have the payments for your loan deferred until 6 months after you graduate - this is something you arrange with your lender. There are a lot of options and to view them all you should read this page. [Repay</a> Your Loans | Federal Student Aid](<a href=“http://studentaid.ed.gov/repay-loans]Repay”>http://studentaid.ed.gov/repay-loans)</p>
<p>Also this is the page of the company that handles the majority of these loans: <a href=“mygreatlakes.org”>https://www.mygreatlakes.org/</a></p>
<p>If you can qualify for it do the government loans as their interest rate is MUCH lower than private loans.</p>
<p>Usually all the funding (loans, grants, financial aid) pours into UCI where they take out all of the fees and then cut you a check (or auto deposit) the remaining amount. The auto debit is faster.</p>
<p>Hope that helps!</p>