I've got a year left and have a very small perkins loan that I took out last semester. I have the money to pay it off now, can I pay it off while I am still enrolled? How do I go about doing that?
2006-09-07 15:53:23 · 2 answers · asked by jmtmjw 1 in Education & Reference ➔ Higher Education (University +)
There is no penalty for paying back student loans early. You can call them. There should be a phone number on the notices you get.
If it is interest free while you are in school, you might be better off investing the money & paying it back when they start charging you interest.
2006-09-07 16:05:43 · answer #1 · answered by Ranto 7 · 1⤊ 0⤋
pupil loans are between the few loans that you could not even report financial disaster adverse to. that's extra appropriate to pay it off now and get it carried out or it is going to likely be on your credit list continuously.
2016-11-06 21:13:07 · answer #2 · answered by Anonymous · 0⤊ 0⤋