IRS - Student Loans & Work Study
 
Question:
Avatar

My student loaners gave me ~$4000 extra from what I need for my tuition and books for the semester. Why did I receive all of this extra money? I told them I'm making roughly $250 a month and live at home free of rent.

By LeopardGecko - ACS Asked Aug 11 2009 7:02PM
3
Pts
 
 
Rate Question
Answer Question Help someone!
Get the latest questions in IRS - Student Loans & Work Study
flag

Welcome to Answerbag, a community of people sharing what they know.
Sign up now to ask a question or help someone else by giving an answer!

signup now
 

First Answer

by centsless on Aug 11, 2009 at 7:07 pm Permalink

Avatar
If it's a loan, and you have to pay it back with interest, I would certainly look into it, and not borrow more than absolutely needed. It certainly sounds like unethical lending.
0
Pts
 
 
Rate Answer
 
flag
Comments (be the first to comment)


Add an Answer

My student loaners gave me ~$4000 extra from what I need for my tuition and books for the semester. Why did I receive all of this extra money? I told them I'm making roughly $250 a month and live at home free of rent.

How to write a good answer
Your answer:

Display answer in fixed-width font (good for tables or text diagrams)

Answers must adhere to our Terms of Use

To create links, just type the address with no HTML code. Use the Preview button at the bottom to verify.

You can edit your answer at any time.

Add Video Add Iimage


Important: Answerbag cannot guarantee the accuracy of answers submitted by members, and we recommend that you use common sense when following any advice found here. Read full disclaimer.