How will the money be disbursed?
Stafford and PLUS loan proceeds are disbursed directly to the school on dates specified by the school. Typically, the first disbursement is made in the fall semester and the second disbursement is made in the spring semester. Different academic schedules may require more than two disbursements. To ensure loan funds are available for your use on the first day of classes, complete all loan paperwork by June 1st for the fall semester and by December 1st for the spring semester.
