if i accepted loans for both the spring and fall but graduated in the fall what happens to the second loan if i don’t do anything? will it be held by the school or be “refunded” back to me like in previous semesters the left over money is
Posted by Chance_Payment_6464
2 Comments
The school won’t certify the disbursement if you’ve graduated.
If you have graduated or no longer enrolled, the school is required to cancel the loan and return any funds back to Dept of Ed.