paceac

paceac441
10+ Year Member
5+ Year Member
Jan 26, 2005
316
0
Sonoma, CA
Status
Does anybody know how the dispensation of loan money works? Does the school just hang onto it and you withdraw it out of a student account? If you have loans can you pay for tuition on a credit card?
 

baylormed

On the Search
10+ Year Member
5+ Year Member
Dec 4, 2005
4,304
49
Right behind you
Status
Post Doc
paceac said:
Does anybody know how the dispensation of loan money works? Does the school just hang onto it and you withdraw it out of a student account? If you have loans can you pay for tuition on a credit card?
From my experience, anything left over after paying school tuition is either given to you as a check or deposited into your bank account if you have direct deposit. Then you can do with it as you like. :luck:
 

Looque

Bob Loblaw
10+ Year Member
5+ Year Member
Jan 31, 2006
726
1
35
Hyde Park, Chicago
Status
Medical Student
baylormed said:
From my experience, anything left over after paying school tuition is either given to you as a check or deposited into your bank account if you have direct deposit. Then you can do with it as you like. :luck:
I'm hoping to use my leftovers--if I have leftovers--for a nice European getaway between my first and second years. Of course, I'm only now applying. Travel while you can.
 

baylormed

On the Search
10+ Year Member
5+ Year Member
Dec 4, 2005
4,304
49
Right behind you
Status
Post Doc
Looque said:
I'm hoping to use my leftovers--if I have leftovers--for a nice European getaway between my first and second years. Of course, I'm only now applying. Travel while you can.
Nice. I'm planning to use mine to pay for interview travel expenses and secondary fees. O well, maybe next semester I can use that leftover money for something else. :p
 

Looque

Bob Loblaw
10+ Year Member
5+ Year Member
Jan 31, 2006
726
1
35
Hyde Park, Chicago
Status
Medical Student
baylormed said:
Nice. I'm planning to use mine to pay for interview travel expenses and secondary fees. O well, maybe next semester I can use that leftover money for something else. :p
I don't know, I'm going to avoid making as many payments as I can until it's either absolutely necessary that I do, or I've finished my residency and am finally practicing. Until then, I'm using whatever loan money is available to live life...in foreign lands, on vacation.