Can Federal Stafford loans be used after you pay off your tuition?
Saturday, September 19th, 2009 at
6:52 am
plantainofdeath asked:
I am currently a law student and my parents pay my tuition bill in full every semester. So I really have no need since my way is paid. However, I do need to cover my living expenses. I was awarded about $20k in federal stafford loans. If I accept them, will I still get the money even if my account is paid in full? Or will they not even apply the money to my account?
I am currently a law student and my parents pay my tuition bill in full every semester. So I really have no need since my way is paid. However, I do need to cover my living expenses. I was awarded about $20k in federal stafford loans. If I accept them, will I still get the money even if my account is paid in full? Or will they not even apply the money to my account?
Tagged with: 20k • Living Expenses • Money
Filed under: Student Loans
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yes, you get the rest in a refund. but only if there is a excess of funds.