What happens between applying and receiving an offer
Several steps occur that the applicant does not see, and knowing them explains most of the waiting.
After submission the application is processed and a summary is produced, which is sent to the applicant and to each school listed. Checking that summary for errors is worthwhile, because it is what every school will work from.
Each school then builds a package from the funds it has, in the order described elsewhere on this site. Schools work to their own timetables, so offers from different schools frequently arrive weeks apart.
A proportion of applications are selected for verification, where the school confirms information against documents. Being selected is routine, often random, and not an accusation, but no aid is disbursed until it is complete.
Offers normally carry a response date. Accepting, declining or reducing individual elements is usually possible, and declining a loan you do not need is a normal step rather than a refusal of the offer.
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