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Stafford award per term


murpstud
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So, if I qualify and accept the 20,500 annual Stafford loan, that'll be distributed per term. Now, I'll be going to a quarterly school, so will it be split three ways, or will it be disbursed in the summer, so four installments? Is it based on if I plan to go during the summer? which I don't. I'd much rather have 6,700 per quarter than 5,000...

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So, if I qualify and accept the 20,500 annual Stafford loan, that'll be distributed per term. Now, I'll be going to a quarterly school, so will it be split three ways, or will it be disbursed in the summer, so four installments? Is it based on if I plan to go during the summer? which I don't. I'd much rather have 6,700 per quarter than 5,000...

I'm pretty sure that it will be distributed over the Autumn/Winter/Spring terms. They don't require students to take Summer term classes.

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