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It depends on the aid. Federal grants such as Pell are dispursed to the university which then sends any excess to the student. Loans, which comes in a variety
by chneu 1y ago
It depends on the aid.
Federal grants such as Pell are dispursed to the university which then sends any excess to the student.
Loans, which comes in a variety of forms, are dispursed to the student and then the student pays the university.
This can vary depending on the grant, loan servicer, etc.
- massysett 1y agoNo, federal student loans are also disbursed straight to the school, with the school remitting any excess to the student.
- chneu 1y agomy phrasing was bad. I meant "Federal loans and grants" not just "federal grants". Federal Loan/Grant Money --> School--> Student Private Loan Money --> Student--> School/Bills