I am recieving an actually 15K check to put in my account in 2 weeks and I would love to invest it... Can I do it?
2006-08-15 09:35:57 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
You are referring to your "refund"?
Or more likely with a check that large, you are going to drop your classes and try to get the school to cut you a check for the remainder.
Not smart if it hurts your chances of graduation.
If its the refund then yea, do what you like.
I used some of mine to get my car put back together and painted, paid off parking tickets, and went to a casino.
2006-08-15 10:04:05 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you are talking about money from like a grant. Yes. I would receive grants for college and sometimes have 3 or more grand left over which I spent on living expenses and other necessary items. So you should be able to choose what you do with the rest.
2006-08-15 09:44:41 · answer #2 · answered by zbrabtrfly 1 · 0⤊ 0⤋
I think technically, it's "against the rules" but I'm certain they're not going to move in with you to make sure you don't. If it's for a scholarship or loan I'd be very careful where I put the money and for how long... if you come up short one semester they're going to want to know why... and fast!!
Slainte,
-D
2006-08-15 09:41:21 · answer #3 · answered by chicagodan1974 4 · 0⤊ 0⤋
Yes, just invest it something that can be liquidated if needed for school. Don't go the Vegas.
2006-08-15 10:01:16 · answer #4 · answered by Michael S 3 · 0⤊ 0⤋
Yes, you can. I wish I was that smart, I always blew my extra money. If it's for a student loan, though, just remember you'll be paying interest on it one day. And nobody ever asked me what I did with all of my student loan money. It's your money.
2006-08-15 09:41:47 · answer #5 · answered by SweetPea 5 · 0⤊ 0⤋
Whoa.....How did your school give you $15,000! I don't get any money......
2006-08-15 09:41:52 · answer #6 · answered by Anonymous · 0⤊ 0⤋