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  • How Long Does It Take to Receive FAFSA Money

    Overall, schools distribute grant or loan money in disbursements at least once per term at the start of each semester/trimester or quarter so expect it twice per school year if you’re on the semester system.

    FAFSA Background

    Students who need help paying for school must complete a Free Application for Federal Student Aid (FAFSA) each year.

    The FAFSA opens up the door to eligibility for federal student loans, Pell Grants, and many other forms of state, federal, and school-provided aid. 

    Once you've submitted your FAFSA, you may be wondering, how long does it take to receive financial aid?

    And while the answer can vary slightly depending on your situation, the good news is that it's not hard to figure out the answer to the question, when do I get my FAFSA money?


    The FAFSA Timeline 

    If you're wondering, how long does it take to receive federal aid? The table below shows approximately how long each step of the process takes when you're waiting for FAFSA funds.