• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

FAQ

Frequently Asked Questions

  • Home
  • Contact Us

How will I get Federal Direct Stafford loan money?


Federal Direct Stafford Loan funds will be applied to your school account to pay for any outstanding tuition, fees, and other school charges. If funds remain after all obligations are covered, a refund will be sent to you via the Bank Mobile refund option you selected.

In accordance with Federal guidelines, a first-time borrower will receive their first Federal Direct Stafford loan disbursement after 30 days from the first day of classes.

Last Updated: 2 years ago in Financial Aid and Scholarships Tags: financialaid
10 2

Primary Sidebar

Topics

  • About MDC
  • Academics
  • Admissions
  • Advisement
  • Blackboard Ultra Navigation
  • Canvas LMS
  • Coronavirus
  • Financial Aid and Scholarships
  • Graduation
  • Human Resources

Most recent articles

  • Using Firefox and Zoom Meetings
  • Do I have access to tutoring and academic/learning resources in Canvas?
  • Where can I find help for Canvas?