Question by Derek L: Can I use Scholar Financial loans if I am currently being reimbursed by my employer?
I am presently attending nights classes to get an MBA. My employer reimburses me for ninety% of tuition. What are the authorized ramifications of making use of curiosity deferred student loans to pay out for college and utilizing the reimbursement to shell out off my house equity line of credit rating.
In performing so I would be having to pay significantly less desire more than time.
Very best reply:
Answer by Monetary Aid Podcast
As long as you are suitable to receive the loans and your fiscal assist business office will certify them, you should be able to obtain them up to the price of attendance, much less existing payments. Check out with your fiscal support business office.
Hope this helps!
Christopher S. Penn
Producer, the Fiscal Support Podcast
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