The timing of financial aid disbursement depends on the policies of the specific school or institution providing the aid. In general, financial aid is usually disbursed at the beginning of each semester or academic term.
Before the funds can be disbursed, the school must first verify that the student is enrolled and eligible for the financial aid based on their financial need, academic progress, and other criteria. The disbursement process may take a few days to several weeks depending on the school’s procedures.
In some cases, schools may offer options for direct deposit or electronic transfer of the funds to the student’s bank account, while in other cases, the funds may be provided by check or a prepaid card. Students should check with their school’s financial aid office for specific details on the disbursement process and timeline.
