Fed Financial
Private student loan; do I borrow per semester, or per year?
Chase makes it look like it's by year, but...I'm wondering what I'm supposed to do with the money for the next semester until I need to use it. Can I put it into a savings acount, or would that somehow get me in trouble with the lender...? Should I just borrow per semester instead?
Public Comments
- Per semester might help budget the money better.
- per year
- Private loans and Stafford loans are award on a yearly basis, but you receive the money per semester. Talk to a financial aid officer at your school for more information/guidance. Good luck!
