How will I receive my Direct or FFEL loans?
A. For a Direct Loan, the U.S. Department of Education will pay you through your school. For a FFEL Loan, the lender will send your loan funds to your school. In most cases, your loan will be disbursed in at least two installments, and no installment will be greater than half the amount of your loan.
Related Questions
- What principles guide the treatment of second or subsequent disbursements of FFEL or Direct Loans in Return of Title IV Aid calculations?
- How will UAAs switch to Direct Loans from the FFEL program affect me as a federal student loan borrower?
- Can Federal Stafford Loans be consolidated with FFEL Loans?
