NAU/GCC CEP Financial Aid

Hello Everyone!
I was just curious to see how students paid for the Glendale Community College/Northern AZ Univ. Concurrent Enrollment Program. I doubt I’ll be able to get any grants, and possibly plan on taking out a private student loan. I was told that I have to fill out a financial aid consortium agreement to be considered a full-time student and whatever money remains after NAU’s tuition gets paid, the funds will either be sent to me via check or direct deposited into my account. If that’s the case, I’m worried that I’ll get dropped from my GCC classes if there happens to be a delay in GCC receiving a payment. Has anyone run into this problem?