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I have about 20,000 saved up and I am hoping to invest a little in a Roth and put the rest towards tuition. I have a SO who works and will pay the bills. I plan to use the unsub fedloan to cover the rest of tuition. I am wondering how often I can go to the financial aid office and request more loans? Is it a one-time chance in August or can you go whenever and get more? How long does it take for them to distribute it to me? Does it differ depending on school?
Many say to keep 3-6 month emergency fund. I would rather keep my ~7% loans DOWN and request for more $ if I absolutely need it, than have 3-6 months cash in a savings account doing nothing. Does this make sense?
Thanks for any thoughts.
Many say to keep 3-6 month emergency fund. I would rather keep my ~7% loans DOWN and request for more $ if I absolutely need it, than have 3-6 months cash in a savings account doing nothing. Does this make sense?
Thanks for any thoughts.