A few days ago
Question dealin with Financial Aid?
Let’s say that I received about $ 6000 worth of student loans from the gov’t. It seems that the default is that they divide that amount to pay for the three quarters( So $2000 for each quarter). Is it possible to move all of that amount into one quarter or move the pre- 2000 from the next quarter to the current quarter? thanks
Top 1 Answers
A few days ago
Favorite Answer
The amount you can borrow is based on your grade level and your status as a student. Independent students may be eligible to borrow more because they are paying for college without assistance from family. The loan amounts cannot be combined into 1 semester. FYI – if you are only eligible for $3,500, you can receive no more than $1,750 per semester. If you take summer classes, this also has to be taken into consideration because the loan amount is for the year (fall, spring and summer). Good luck.
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