I just wanted to post that I just received my $30k non-certified loan funds today from BofA. I applied a few weeks ago with a cosigner (my husband) and was approved after a few days (DH has a fraud alert on his credit reports so it slowed the process down a bit). I kind of sat on the application for a week or so and faxed it in early last week with my tuition bill and DH's paycheck. They disbursed the funds on Friday and I received the check today. Very, very fast turnaround. If you need extra money on top of your certified loans (or you need money prior to classes starting), this is definitely the way to go. I have heard horror stories about Bank One making the check out to the school, giving applicants a hard time about proof of enrollment, etc. I didn't run into any of that with BofA.
Oh, and I received the full $30k - the fees (6.5% - ouch!) are added on to the total owed.