Private College Student Loan

When do the checks go out for Stafford and Direct loans (maybe those are the same thing)?

I know it's towards the end of the summer/beginning of fall semester, but my financial aid summary only mentioned when grants would be disbursed, not loans, so I'm kind of worried. Thanks.

Public Comments

1. Direct Loans is a company that services Stafford Loans (gov't loans). As far as disbursement, you'd have to check with your school for that. D.L. gives them the $ and the school does whatever they have to do with it first before getting you a check for what's remaining...or giving you the whole thing. Usually around the first week or so of the semester. As long as you did your FAFSA paperwork n' stuff then you're good to go! Good luck!