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The disbursement of a loan is when the money borrowed is given to the person who took the loan out. In the case of a federal student loan, the money is given (disbursed) directly to the school so that the money is spent on school expenses first. Any amount over the cost of tuition, fees, etc. will be sent to the student as a refund.
Wiki User
∙ 13y ago
Wiki User
∙ 11y agoWhen the recipient of the loan is given the funds
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What is the difference between a roth and a traditional IRA?
traditional is pre-tax and roth is post-tax , meaning traditonal is tax deferred until you take disbursment and roth is taxed already.
What is uncollateralized loan?
a loan not backed by a co-signer who agrees to cover the amount of the loan a person loan without assets to cover the loan amount a home equity loan a loan tkaen on a life insurance policy
Does a spouse need to sign a loan modification if separated in GA?
If responsible for the loan- yes.If responsible for the loan- yes.If responsible for the loan- yes.If responsible for the loan- yes.
What is loan default?
If you don't pay a loan when due, you default on the loan.
What is a loan that is linked to an asset called?
An unsecured loan An unsecured loan
When does repayment of a PLUS loan begin?
2 months after disbursment
What is law 107-314?
Requires split disbursment to the travel card vendor.
What is public law 107-314?
Requires split disbursment to the travel card vendor.
Which stage of disbursment accounting is also known as the accounts payable stage?
accrued expenditures unpaid "U"
Funds are moved into the what stage of disbursment accounting once the goods or services are received?
accrued expenditures unpaid "U"
What is the difference between a roth and a traditional IRA?
traditional is pre-tax and roth is post-tax , meaning traditonal is tax deferred until you take disbursment and roth is taxed already.
What is the different between a parent loan and a student loan?
Parent Loan: A parent is getting the loan Student loan: A student is getting the loan
How long after the borrowers death is the co signer liable on a loan?
Until the loan is paid.Until the loan is paid.Until the loan is paid.Until the loan is paid.
What Is The Part Of Speech For Loan?
A loan is a noun ex: The loan from the bank was helpful. To loan is a verb: I had to loan my phone charger to a friend.
With the split disbursement option the vendor receives direct reimbursement for travel card expenses?
The question should be "With the Split Disbursment Option, who reeives direct reimbursement for Travel Card expenses? The answer is :Payment goes directly to Bank for Travel Card expenses
What is uncollateralized loan?
a loan not backed by a co-signer who agrees to cover the amount of the loan a person loan without assets to cover the loan amount a home equity loan a loan tkaen on a life insurance policy
Can you change your loan from a hard money loan back to a convetional loan?
refinance the hard money loan back to a conventional bank loan
