Student Loan Refund Tips
When used wisely, student loans are a resource that can help students finance an education and gain access to a better life. Here are a few tips to keep your student loan debt in check:
- Avoid using student loan funds to pay for anything that isn’t related to your education, such as:
– Vacation
– Clothes
– Eating out for every meal - Before making a purchase using your student loan refund, ask yourself if you truly need it in order to get through school and graduate.
- Create a monthly budget to keep your spending in check.
- Look for ways to cut spending where possible.
- Return any leftover funds that you don’t need to your loan servicer.
Find more financial tips at studentloanhero.com. Contact your financial aid counselor at fa.georgefox.edu for other questions regarding your student loans.