MBA Student Loans - When do you receive the funds?
Something I've always wondered about MBA loans - when (and how) do you actually receive the funds?
Each semester do you receive 1/4 of the total loan amount in cash as a lump sum (i.e. if you took on $150k in student loans, at the start of each semester you get a lump sum of $37.5k transferred to your account)?
People often talk about how much debt they took on but I've had a hard time finding any info on the mechanics of when the loan is actually distributed.
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