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The purpose of a student loan is to cover the various costs of higher education that a student or his/her supporters can not afford. The costs of higher education include tuition, fees, books, room and board. An independent student may also need funds to cover the cost of living if they go to school without working.
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∙ 15y ago
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What can you use your student loan for?
pay for collage
Can the cosigner of a student loan be removed from the loan if the student did not use the loan for its intended purpose And the student did not finish college and is not paying the loans?
NO you have s secondary obligation for the note, not the money or how it was or was not used.
What is the different between a parent loan and a student loan?
Parent Loan: A parent is getting the loan Student loan: A student is getting the loan
The student loan settlement student loan settlement student loan settlement student loan settlement student loan settlement student loan settlement.?
There are many places to research student loan settlement. You can look at various places on the web or at many banks. Looking for loan settlements can be difficult start by checking www.wellsfargo.com/student
What is a student loan?
what is a student loan grant?
Can you use your student loan for buying a car?
Yes in theory you can, once you receive your student loan as a lump sum you can use it for whatever purpose. But it is not wise due to the risk of your education.
Can you use a student loan to pay bills?
Is it possible? Yes. Is it legal or within the terms of your loan? No.
What is meant when bankers and investors use the words student loan consolidation interest rate?
When bankers and investors use the term "student loan consolidation interest rate," they are referring to the interest rate that borrowers will be charged when they consolidate their student loans. Student loan consolidation allows borrowers to combine multiple loans into a single loan with a new interest rate, typically based on the weighted average of the interest rates of the loans being consolidated.
Can you use your Stafford student loan to pay off debt?
No, you cannot use a Stafford student loan to pay off personal debt. The only debt that should be paid off with an educational Stafford loan is your college debt.
what is a student loan grant?
what is a student loan grant?
How long does it take to pay back student loans?
Loan Calculators You can use this student loan payoff calculator to estimate how long it will take to pay off your student loans. Use this tool to determine how quickly you'll pay off your student loans. By making a higher monthly payment, you can shorten the length of your loan.
Can you buy a car with a student loan in the UK?
You could use you loan for that but I think it would be an unwise thing to do.
