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 Contact your financial aid counselor at for other questions regarding your student loans.

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