Disbursed Amount
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Disbursed Amount refers to the amount of financial aid disbursed to students in a particular period (e.g. a term or Financial Aid Year). Students generally receive their federal student aid in two or more disbursements.
The Disbursed Amount may be less than or equal to the accepted amount for the period.
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See Also
Definition Source
"Disbursement (disburse or disbursed) - Payment of the loan funds to the borrower by the school. Students generally receive their federal student loan in two or more disbursements."[1]
References
- ↑ Financial Aid. Financial Aid Glossary. CSUMB Website. Retrieved from: https://csumb.edu/financialaid/financial-aid-glossary