<p>How long does it takes to get your loans lined up and when do you apply for them? I want to do this before deposit is due just in case any issues come up that would prevent Son from going to his 1st choice.</p>
<p>The promissory note is no good unless signed 90 days before the release of funds to the school which is usually around Sept 1, but you should call the school in mind for exact dates. The money is goes to the school at about that time, the school takes out what is billed and usually the student/parent gets no excess funds for at very least a couple of weeks, sometimes not till the drop date. So your student will need to come up with the deposits and any seed money to get started that first term. Like book money, transportation costs, supplies, personal items all need to be paid out of pocket in most situations. </p>