What Does Disbursement Mean on a Student Loan? | Sapling
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What Does Disbursement Mean on a Student Loan? | Sapling
A disbursement is how a college gets the money from a borrower's student loan. When you take out a student loan, the funds are sent from the lender to your college or university in a disbursement. Any remainder from the loan amount, after tuition and expenses are paid, goes back to the borrower.
Oct 12, 2016
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