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Do you have to pay back student loans if you don't use the money?
Wiki User
∙ 13y ago
it depends. If the money is disbursed to your school and you attend one class, a portion of it you will have to pay back. If you never attend any classes the school should return it
Wiki User
∙ 13y ago
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If you apply for a federal loan and ARE approved if you dont need it for paying for classes or books will you be mailed a check for te rest of the money?
All federal loans are sent directly to the school. If money is not owed, the school can issue a check to you for the credit on your student account.
Do you earn money in medical school?
No you dont because you are a student
How can you cancel your student loans?
I dont think you can cancel them best bet is to pay $50 a month ....if you dont make any payments they will hunt you like a dog lol
Can I quit my job and concentrate totally on school for the last two years of my college degree if I can add my price of housing into my loans and be a full time student?
If your a full time student, you can apply for a maintenance loan and a tuition loan, you can also apply for a grant which you dont have to pay back.
What is the best way a student can manage their money?
dont be materialistic & stupid.. dont drink so much either
What happens when you dont pay your student loans and financial aid back on time?
Most loans have programs for deferral and for lowering your payments when you are unemployed or not making much money. So, the best idea is to call them and make arrangements when you need the help. However, at some point you will need to make serious plans for repayment. Look at your loan agreements. For regular loans, they can take you to court and you may end up having your pay garnished or otherwise diverted. For federal loans, there is no statute of limitations; you must pay them. Tax returns and credits can be accessed for payment. Both types of loans are reported on your credit report.
What are some reasons people get loans from banks?
They get a certain interest rate paid back on the loan. For example, if you borrow $100 from a bank, and they charge an interest rate of 5%, then eventually you will have to pay back $105, giving them a profit of $5 (not taking into account inflation).
How much money will you get back if you cancel membership in pixie hollow?
u dont get money back
Can you get your money back if you reset your iPod?
No, you dont.
What is cause of the global recession?
a recession is caused by consmers spending their money and banks giving out loans to easily and then all of a sudden you dont have enough money to spend
How do you get your money back from a lost money order?
you dont, sorry your broke now.
How can I get money for college?
There are two ways to get money for college: 1st: the FASFA form; you can get this online and fill it out for free. The second way is Fastweb.com. This is a site with hundreds of thousands of scholorships you can apply for. Fill out as many as your can, every year thousands of scholorships go unused because people dont apply for them.
