Loan funds are disbursed directly to your institution. The school will then apply those funds directly to your outstanding tuition balance. If there are leftover funds after the school applies the loan to your outstanding balance, the remainder may be refunded in accordance with your school’s refund policy.
Please note that the information provided on this website is provided on a general basis and may not apply to your own specific individual needs, goals, financial position, experience, etc. LendKey does not guarantee that the information provided on any third-party website that LendKey offers a hyperlink to is up-to-date and accurate at the time you access it, and LendKey does not guarantee that information provided on such external websites (and this website) is best-suited for your particular circumstances. Therefore, you may want to consult with an expert (financial adviser, school financial aid office, etc.) before making financial decisions that may be discussed on this website.