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   Message 397 of 679   
   Elyssa Goldman to A. Student   
   Re: Student Loans   
   22 Oct 04 15:18:07   
   
   From: elyssag@wharton.upenn.edu   
      
   I work in financial aid and I've seen the same problem.  At our school it   
   takes 6-8 weeks for a loan to be processed.  Part of the reason for this is   
   that there are several offices that an application must go through before   
   the funds can be disbursed.  You must pass the loan agency's credit check,   
   your school must certify your loan application that it is within school   
   guidelines and lastly, the loan has to go back to the agency to be paid out.   
   So, try to hold on and hopefully the funds will be disbursed to you soon!   
      
      
   "A. Student"  wrote in message   
   news:b67c42d5.0410121106.6a14cc54@posting.google.com...   
   > jonnycooper2000@hotmail.com (Jonny) wrote in message   
   news:<8be3a0a3.0410120014.43566249@posting.google.com>...   
   > > Why is it taking forever for me to get my money???? I'ts been a whole   
   > > bleedin' week and still no money in my account. I thought the whole   
   > > point of transferring money thru bacs and not cheques was because its   
   > > supposed to be quicker but guess what? IT AIN'T!!! I'm a 3rd year and   
   > > I was hoping to get this loan asap so that I can budget myself so that   
   > > I dont over spend but now I'm buggered cos I dont know what i can and   
   > > cannot afford!!   
   > >   
   > > GRRRRRRRRRRRRRRR!!!!!   
   > >   
   > > Will the student loans company just get their act together????   
   >   
   > It's probably paperwork that's holding them up; there are bound to be   
   > all sorts of rules and regulations that they have no control over.   
   > But just in case, try phoning them to ask when it should be arriving   
   > in your account.  Read a book while you're waiting for them to pick up   
   > the phone (it's probably busy), and make sure you have all your   
   > details with you (loan account number, bank account number, etc) ready   
   > for when they ask.   
   >   
   > Do remember this is a busy time for them:  chances are they've just   
   > got off the phone with another stressed student, or possibly with a   
   > stressed student's angry mother.  So if you can sound relaxed and calm   
   > to them, that'll revive their spirits a little and make them that much   
   > more willing to help you.   
   >   
   > There is also a limit to what a phone operator can do -- they can't   
   > transfer the money themself.  But if they're not providing you any   
   > useful information, then ask to speak to their supervisor.  (Speak   
   > *very* calmly to the supervisor:  the supervisor gets all the *really*   
   > angry people, so could doubly do with a break.)  And if they are   
   > helpful, say a nice 'thank you'.   
   >   
   > (Yes, I admit it, I've been a student loan call centre operator   
   > myself.)   
   >   
   > Hopefully you can get an answer from them that will relieve a little   
   > of the uncertainty.   
   >   
   > A. Student   
   > http://time2study.blogspot.com/   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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