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What happens if you received your student loan and then had to drop out of classes?
Updated: 9/20/2023
Wiki User
∙ 13y agoBest Answer
- You can check to see if you can give the full amount back without any or minimal finance charges.
- You can take the opportunity to save the money in case you decide to go back to school.
- Or, You can take the opportunity to take advantage of the low interest loan and put it towards a purchase or bills. Most student loan payments don't start until 6 months after you have left school.
Wiki User
∙ 13y agoThis answer is:
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