TigerHoya
Diamond Hoya (over 2500 posts)
Posts: 2,808
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Post by TigerHoya on Oct 15, 2005 15:55:39 GMT -5
Has anybody's student loan not gotten there yet?
I've heard numerous complaints around here about loans not being sent and at Benedict College in Columbia, SC there have even been protests about it - because of the federal rule (that has wiggle room) that the loan money has to be redistributed by the schools 30 days after the semester starts.
I talked to someone in financial aid at a 2-year school in-state here also and he said there were some new rules for processing things (XML form reporting for those of you with IT knowledge) and that was causing delays in several places.
He said some people could have to wait until almost the end of the semester to get their checks.
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