Fafsa Disbursement Dates 2024 Valencia Government. The interest rate varies depending on the loan type and (for most types of federal student loans) the first disbursement date of the loan. How financial aid disbursement works.

The disbursement date is the date your school disburses (pays out) your direct loan by applying the loan funds to your school account, paying you directly, or both. The direct loan program regulations allow a school to include in a single disbursement the disbursements for any payment periods that have ended.