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Old 11-28-2009, 01:39 AM   #1
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Student loans
Iv done research but i couldnt find anything that said you could pay off your student loans all at one go. i mean is it possible to like borrow 20k and repay it all back straight up at the end of my 4 years? Just to get it right as well theres no interest right? untill you finsh school? But if i am able to pay it all back the day i finsh school there will be no interest right? thanks
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Old 11-28-2009, 05:31 AM   #2
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Correct. While your in school there is no interest being applied but its impotant to do the schedule 2 to make sure theright ppl know your in school. The forms are available at the financial aid office at your school. In terms of paying off the loan all at once- ofcourse you can. Govt student loans generally have an interest rate of 4.75%. you can easily get a better rate throughmost banks.
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