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LOAN FUNDS I have applied for student loans. What happens with the amount of the loans over the cost of tuition?

April 26, 2017applied COST funds happens loan Loans student loans tuition

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LOAN FUNDS I have applied for student loans. What happens with the amount of the loans over the cost of tuition?

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Any student loan funds you receive over the amount you owe for tuition (medical insurance, parking, etc.), are refunded to you. After the amount you owe is deducted from the amount you receive on your loans, the remainder is sent to you at the billing address you have listed in mySLU or direct deposited in your bank account you have on file in the Payment Suite.