Federal Loans, Dropping out of School :(
Date: Wed, 11/05/2008 - 12:21
Federal Loans, Dropping out of School :(
I hope I can get an answer here....
I have taken my first class at the University of Phoenix and my next one isnt going to start until Nov 11.
I need to leave school.....what happens to the remaining funds of my Federal Loan? Do i get that back? I understand I have to pay it back and my first class had already been paid for, but the school has $3000 of the loan residual for my future classes.
Thanks!!
I have taken my first class at the University of Phoenix and my next one isnt going to start until Nov 11.
I need to leave school.....what happens to the remaining funds of my Federal Loan? Do i get that back? I understand I have to pay it back and my first class had already been paid for, but the school has $3000 of the loan residual for my future classes.
Thanks!!
Funds will be returned to your lender. You do not get it.
Funds will be returned to your lender. You do not get it.