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The Direct Loan money is disbursed to the colleges . It is first used for any billable costs the student owes the college.

'Direct", do you understand the meaning of that word Poem?

Ass-hat!

https://talk.collegeconfidential.com/financia...break.html

03-11-2017 at 9:20 pm

The Direct Loan money is disbursed to the colleges. It is first used for any billable costs the student owes the college.

Any left over is given as a refund to the student...and frankly, they can do with the money as they please.

Many use this loan money refund for things like their rent and utilities...if they live off campus.

But really...it's their Loan money to use.

I had college Loan money...and never once went on a spring break trip....because I was working to make money for, the next term. I'm betting lots of students do that too.

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