Do you know a student loan that pays directly to the student not the school?

Question

I have gotten one before, but cannot remember the company that I got it from.

Not to be rude, but I have been in college for 6 years now and there are not thousands of them. Most loans are paid directly to the school (be they private or federal) and the excess is paid to the student by the school. Because of this, the school has a say in the total amount that the student can request.

If you don't know anything about student loans and the policy, please don't bother answering and leaving links to useless information.

Answer 1

It was probably a private loan from your bank. Other options are Sallie Mae and College Loan Corporation. You'll need to ask upfront about their policies.

Answer 2

There's thousands. Banks and private student loans are deposited in the student's bank account.