A question about student loans on top of federal aid?
If someone is granted a kind of scholarship that COMPLETELY paid for tuition and books, and then they applied for and were granted student loans as well, what is the likelihood that that person would be sent the checks as opposed to the money being sent directly to the school? Would funds granted by either a scholarship or student loans ever be sent to the “beneficiary” instead of the school? If anyone could recommend a website where I could clarify this information it would be greatly appreciated.
What would happen is that the student loan money would be sent to the school. Then you would contact the school, request a refund, and the school will send you a check. The process is explained in this article: http://www.ehow.com/how_5325719_apply-living-expense-student-loan.html
