Any Advantages to Signing my Loans NOW?

[fuzzywuz]

Hey all,

I'm still in the process of exploring my loan options and trying to figure out what my lending options are.

Is there any advantage to signing my MPNs now, aside from meeting institutional deadline?

Thanks!

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[TMP-SMX]

No. No advantage unless your school has some deadline. Usually it is within a month or so of the beginning of school. Most lenders give you benefits/fees based on your date of disbursement rather than when you sign the MPN. So if something changes with your lender for the worse by disbursement you are out of luck.

 

[fuzzywuz]

Thanks for the reply!