WHAT HAPPENS TO LOANS WHEN YOU WITHDRAW FROM A COLLEGE?

I withdrew from a university inside of the initial week of classes, and I had already taken out subsidized, and unsubsidized loans. I was wondering what happens to these loans, given I am starting at my internal college, do they disappear, or do they send over to the brand new college?
When I withdrew they told me I left in time to not be charged, so given nothing of my loans were used. Do I only not owe anything, and that’s what I meant by they disappear.

{ 1 comment }

pc October 15, 2013 at 9:28 pm

when you take a loan, you owe whatever part of that loan you used. It does not just go away.

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