Posts Tagged ‘loans’
Best answer from question by Scott S:
Answer by UnknownX
Yup, but you won’t be able to buy a car, a house, or use credit cards for over 7 years.
I definitely wouldn’t recommend it.
Best answer from question by :
Answer by Lorenzo L
the answer is no one unless ther are co signers that could be liable due to contract signed.
Best answer from question by :
Answer by Anonymous
you start getting charged interest immediately so yes. Keep in mind that sometimes you don’t have any aid left over so you may not even have a refund. Legally schools can’t disburse funds until at least 4 weeks after the semester has started if you are a first time borrower… some schools won’t dis purse until MUCH later if you filled out (or turned in) all your paperwork late.
(Late is anytime after the semester has already started and not 6 months BEFORE school starts). Example: you would of had to do your fafsa back in Feb and March and turned in all your tax forms back then to get aid 4 weeks after the Jan semester has started.