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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.
What else can I help you with?
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 ratio of loan balance to loan amount for this particular loan?
The ratio of loan balance to loan amount for this specific loan is 0.75.
What is the loan origination date for this particular loan?
The loan origination date for this specific loan is the date when the loan was first issued or funded.
Is a car loan considered an installment loan?
Yes, a car loan is considered an installment loan.
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
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 ratio of loan balance to loan amount for this particular loan?
The ratio of loan balance to loan amount for this specific loan is 0.75.
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.
What is the loan origination date for this particular loan?
The loan origination date for this specific loan is the date when the loan was first issued or funded.
Is a car loan considered an installment loan?
Yes, a car loan is considered an installment loan.
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
