-- Posted by MiNNiCK at 9:04 am on Oct. 20, 2008 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? -- Posted by kasami5 at 9:05 am on Oct. 20, 2008 pay it back -- Posted by Emmy1909 at 9:06 am on Oct. 20, 2008 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!! -- Posted by Chiefette at 9:06 am on Oct. 20, 2008 You need to pay your rent, so pay your rent. -- Posted by Sins and Demons at 9:07 am 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. -- Posted by nicegirl4060 at 9:07 am on Oct. 20, 2008 give it back -- Posted by 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. -- Posted by iBritt at 9:12 am on Oct. 20, 2008 I would keep it and just pay it back with the rest of your loans after you graduate. -- Posted by LeanneS at 9:17 am on Oct. 20, 2008 Id probably keep it, and pay it back after college. I mean hopefully you would have a good paying job by then -- Posted by Sins and Demons at 9:36 am on Oct. 20, 2008 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 -- Posted by hI jAMES at 7:08 pm on Oct. 28, 2008 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? -- Posted by Four King Ace at 1:55 am on Dec. 1, 2008 Give it back and get a job. -- Posted by LoveKay at 10:24 am on Dec. 12, 2008 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.