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Depends on the loan: A college loan may have differed payment until after graduation, a negatively amortizing mortgage may have a differed interest payment option, etc. Each loan type may have different sets of rules.
Receives. A payee is paid (an employee is employed). A payer pays (an employer employs).
Using a student loan payment calculator is a great idea if one wants to truly get an idea of what will be owed after graduation. Unfortunately, many students end up taking out student loans in college and have no idea how much they will have to pay after graduation. They may think that only a couple hundred dollars are owed in a month after graduation, when the truth is they could owe a thousand or two in a month after graduation. For any student, using a student loan payment calculator is the best way to build a great budget early on.
yes, after a student graduates from college there is a period of month before he/she has to begin repayment. the first payment is due within 60 days after the final disbursement.
Yes, depending which website it is and a contract is signed in which the aide receives payment.
a remittee is a person (organisation) who receives a remittance or payment.
reimbursment
yes see link below
The legal payment due date is the date specified in the contract. The actual payment date is the date the payment is initiated by the payor unless specified otherwise in the contract.
Go to college.....
The person who receives the cheque payment (You) pays the bank charges.
It is not Billing