I was able to pay for my first two terms of college, but it’s looking rough for spring term. Am I able to take out loans midway through the year? I’m having trouble finding any info online. I’d also appreciate any other advice, I’ve haven’t looked too deep into this.
Can I take out loans in the middle of the year?
byu/FragrantHousing7454 inStudentLoans
Posted by FragrantHousing7454
2 Comments
My sister did this, she had to get private loans though
Yes, you can access additional federal direct loans up to your annual limit if your college participates in the federal loan program. You’ll reach out to the financial aid office of your college.