Undergrad Student Loans

Started by predentlove
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predentlove

predentlove

Full Member
10+ Year Member
I am about to start my last year of undergraduate college. I heard that if you try to pay off your balance during the school year you will no longer get loans for the next semester. Is this true?

I payed an extra few hundreds of dollars along with my interest payment. I'm just wondering if that will affect the loans that i'm supposed to receive in the Spring 2012.

Thanks 🙂
 
predentlove said:
I am about to start my last year of undergraduate college. I heard that if you try to pay off your balance during the school year you will no longer get loans for the next semester. Is this true?

I payed an extra few hundreds of dollars along with my interest payment. I'm just wondering if that will affect the loans that i'm supposed to receive in the Spring 2012.

Thanks 🙂
Click to expand...

False. You can enter deferment and receive additional loans once school starts up again.
 
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