Does Sallie Mae for student loans make the check to you or the school?

Question

I was wondering because I needed to take about about 500 extra since im taking seven classes and the price of books is going to be extremly expensive. My parents are not helping me out so I need to come up the money on my own. Normally I go with astrive but they have been down for months now.

Answer 1

When applying for student loans, the borrower should realize the following basic attributes of the prospect loan such as the procedures, legal dynamics and basic attributes of the finance company or the loan itself. Interest rates, payment options, incentives and origination fees should be understood by the borrower very well.

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However, financing companies deem students as high - risk costumers since the students does not have definite source of income to repay the debt. Some companies will require the student to furnish documents that will serve as proof or evidences that the student applying for the loan is capable to repay the debt. This is what we call credit history.