Saturday, October 24, 2009

What happens to my college loan when I transfer schools?

I am planning to transfer, I assume you might not be able to take the loan with you. Since college loans want you to wait until after college to start paying, will transferring to another school in the meanwhile, mean that I will have to start paying soon after I transfer or after I'm done with school altogether?

What happens to my college loan when I transfer schools?
It will transfer, because it is federal. Call the school that you are going to transfer to. Talk to the financial aid dept. They can help you with the transfer of funds...


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