- Sep 14, 2003
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Right now I am a sophomore living in a University suite with a University meal plan. I forked out a few thousand of my own cash, and the rest was grants (free) and loans (all federal).
For the next two years I intend to live in an apartment. Rent + utilities + grocery costs should be around $680/month for my share. It would be very difficult for me to pay for this each month out of my paychecks. Are there any student loans, federal or not, I can get that come to ME in the form of a check instead of straight to the school, so I can use it for these purposes? I define a "student loan" as any loan where repayment is deferred until six months after I graduate.
For the next two years I intend to live in an apartment. Rent + utilities + grocery costs should be around $680/month for my share. It would be very difficult for me to pay for this each month out of my paychecks. Are there any student loans, federal or not, I can get that come to ME in the form of a check instead of straight to the school, so I can use it for these purposes? I define a "student loan" as any loan where repayment is deferred until six months after I graduate.