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  LiveWire / College Forums / Financial Aid, Scholarships & Internships / Viewing Topic

What would you do?
Replies: 12 — Last Post Dec. 12, 2008 10:24am by LoveKay
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Choice Votes Percent  
Give it back 13 25%
Keep it, it'll definitely help. 38 74%
Vote Now! 51 Votes Cast
( MiNNiCK )


Cunty McCunt
Patron 		Reply
I got a three thousand dollar check sitting my apartment as part of my loan I asked for to help for college. I can't decide whether to keep it or give it back to the loan place. Most of it is unsubsidized which means it gains interest as I stay in college (Until May). I need it to pay my rent (which is through the school), but I want to be in least amount of debt as possible when I graduate in May.

So, would you keep it anyways and pay it back after school?

Or would you give it back since it gains interest?

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Ich werde immer bei dir sein

9:04 am on Oct. 20, 2008 | Joined: Nov. 2007 | Days Active: 538
Join to learn more about MiNNiCK Pennsylvania, United States | Straight Female | Posts: 29,676 | Points: 35,583
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kasami5


Advisor 		Reply
pay it back
9:05 am on Oct. 20, 2008 | Joined: Oct. 2008 | Days Active: 7
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Emmy1909


Executive 		Reply
don't u ave a job? i would just pay it back coz really they are going to be looking for i at the end of the dsy and you woudl rather pay it now then them hunting you afterwards!!
9:06 am on Oct. 20, 2008 | Joined: Nov. 2006 | Days Active: 200
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Chiefette


Soothsayer
Patron
Support Leader 		Reply
You need to pay your rent, so pay your rent.

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If you come across a car accident after midnight, and everyone is sober;
Keep looking, you are missing someone.

-Rules of EMS
9:06 am on Oct. 20, 2008 | Joined: Sep. 2008 | Days Active: 267
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Sins and Demons


Connoisseur 		Reply
Did you pay for the school already? I can not really tel from the post if thats just for housing or not. If you wanna be in the least debt possible though you should not be using loans at all, so what i am saying is if you need to use it you may just have to use it and then still pay what you can while your in college.

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Know your enemies and know yourself,
you will not be imperiled in a hundred battles; Sun Tzu
9:07 am on Oct. 20, 2008 | Joined: Dec. 2006 | Days Active: 446
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nicegirl4060


Advisor 		Reply
give it back
9:07 am on Oct. 20, 2008 | Joined: July 2008 | Days Active: 19
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( MiNNiCK )


Cunty McCunt
Patron 		Reply
Quote: from Sins and Demons at 12:07 pm on Oct. 20, 2008
Did you pay for the school already? I can not really tel from the post if thats just for housing or not. If you wanna be in the least debt possible though you should not be using loans at all, so what i am saying is if you need to use it you may just have to use it and then still pay what you can while your in college.

It's just extra money that was given to my school account (from the form of loans)...I can technically use it for anything, but my rent needs paid. I have a job, but it's not enough to pay my rent. It's just...argh. I think I should give it back.

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Ich werde immer bei dir sein

9:08 am on Oct. 20, 2008 | Joined: Nov. 2007 | Days Active: 538
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iBritt


Omnipotent One
Patron 		Reply
I would keep it and just pay it back with the rest of your loans after you graduate.

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Bitches, I'm back. Miss me much?
9:12 am on Oct. 20, 2008 | Joined: Aug. 2007 | Days Active: 591
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LeanneS


Omnipotent One
Patron 		Reply
Id probably keep it, and pay it back after college. I mean hopefully you would have a good paying job by then

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He's a gobshite....a nice one dont forget ;0)

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9:17 am on Oct. 20, 2008 | Joined: April 2007 | Days Active: 652
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Sins and Demons


Connoisseur 		Reply
Quote: from Minnick at 9:08 am on Oct. 20, 2008
Quote: from Sins and Demons at 12:07 pm on Oct. 20, 2008
Did you pay for the school already? I can not really tel from the post if thats just for housing or not. If you wanna be in the least debt possible though you should not be using loans at all, so what i am saying is if you need to use it you may just have to use it and then still pay what you can while your in college.

It's just extra money that was given to my school account (from the form of loans)...I can technically use it for anything, but my rent needs paid. I have a job, but it's not enough to pay my rent. It's just...argh. I think I should give it back.

You could always use some for the cost of living right now while using the other part to pay some off while being in college. Unless you happen upon some money or dont mind not paying rent I do not see another way until you get  a job and bring in some money

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Know your enemies and know yourself,
you will not be imperiled in a hundred battles; Sun Tzu

9:36 am on Oct. 20, 2008 | Joined: Dec. 2006 | Days Active: 446
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jamesish


Hagel und tötet
Patron
Support Leader
Tech Support Leader 		Reply
I probably would of kept it and payed it back. Once you graduate, you're not guaranteed an excellent job but a good chance.

So, what did you choose?

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So here's my goodbye, no one will cry over me.

I'm not worth any tears.

7:08 pm on Oct. 28, 2008 | Joined: Jan. 2008 | Days Active: 529
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lovemetwicetoday


Wealthy Hobo
Patron 		Reply
Give it back and get a job.

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"I lost my soul there, down by the sea.  I lost control here, living free..."
1:55 am on Dec. 1, 2008 | Joined: May 2008 | Days Active: 186
Join to learn more about lovemetwicetoday England, United Kingdom | Straight Male | Posts: 2,972 | Points: 5,380
LoveKay


Guru
Patron
Support Leader 		Reply
With most loans, if you pay on it during school, then you don't have interest building up during that time. I don't know. But you don't want to lose all your chances of even getting loans for school if you give it back, struggle with work to pay rent and then end up struggling with school. So keep it and see how it goes.

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♥ ♥
10:24 am on Dec. 12, 2008 | Joined: Dec. 2007 | Days Active: 268
Join to learn more about LoveKay Ukraine | Straight Female | Posts: 11,569 | Points: 20,684
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