The college or University
Give it back ASAP
The difference between disbursement and reimbursement is that with reimbursement a person is getting back every cent they paid in. Disbursement is a set amount or percentage of money paid in.
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If the loan was disbursed, it's too late to cancel unless the entire amount is returned to the lender. but you can just as easily turn that loan right around and prepay the disbursement.
disbursement or oz.
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The maximum amount of OSAP assistance you can receive depends on various factors, including your level of financial need, tuition costs, and other sources of funding. It is calculated based on a formula that takes into account these factors, so the maximum amount varies from student to student.
You are told that you'll receive a large amount of money for disbursement, and that all you have to do is send some fee. You send the fee, and never get the money. It's a 419 scam.
Usually when you are granted a loan it will have 2-3 disbursements. Think of a disbursement as a "payment." If half of your loan pays out to the school, you will begin paying interest on that amount. When the second disbursement comes in, you will begin paying interest on that next amount.
A disbursement amount refers to the total funds that are distributed or paid out from a particular account, project, or budget to cover expenses or fulfill obligations. This can include payments for services, loans, grants, or any other financial transactions. In accounting and finance, tracking disbursement amounts is crucial for maintaining accurate records and ensuring proper cash flow management.
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Dont borrow it all create some your self