Federal Student loan?

Question:I am getting a federal student loan. My question is: Where does the loan get deposited into? My bank account or do I have to withdrawl from the college? Also, when will I recieve the loan?

Answers:
The loan usually gets deposited to the college that you're attending. After the first week or two the college verifies your attendance and your amount of semester/credit hours are correct and the loan will be dispursed to pay your fees.

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