When you take out Student Loans, are you suppose to directly get the money?

Answer You are correct. Student loans go straight to the school to pay for your tuition, books, etc.Is there such a thing as you never seeing the money? Certainly. It is entirely possible that you woul... Read More »

Top Q&A For: When you take out Student Loans, are you suppos...

What Loan company will take over my federal student loans when the loans are in default?

When your federal educational loans are in default, you have several options:You can repay the loan in full.You can negotiate a new payment plan with your lender.You can "rehabilitate" your loan.Yo... Read More »

When Did the Government Take Over Student Loans?

The government proposed, but has not taken over student loans as of early 2010. Sallie Mae, a publicly traded company, is the nation's largest student lender with $22 billion in loans for 2009. Ten... Read More »

What about people who have student loans and didnt recieve there tax money because of money owed?

what about it? you agreed to pay back the govt for the loans and now they are keeping it as repayment. this helps you, now you owe them a little bit less

How do student loans work, and what are my options for applying for graduate student loans?

To get a student loan, your first step is to fill out the Free Application for Federal Student Aid (FAFSA). You should submit your FAFSA as soon as possible – you can make estimates and correct t... Read More »