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When you get your financial aid money do you get it all in a lump sum?
When you get your financial aid money do you get it all in a lump sum or half of it for a semester?
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Usually you only get what you need for each semester from financial aid. They calculate this based on the cost of books, a full semester, and living expenses if you are a resident in a dorm.
One of the reasons they do this is so that they don't give out a lump sum and then the recipient drop out a few weeks in. Pretty much that's how I have dealt with them in Canada.
Some institutions have different policies but the majority divide payments up in chunks and distribute them as you go semester by semester.
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