What will happen to my non-fully disbursed student loan from Lehman Brothers Bank?
I am a graduate student who took out a student loan from campusdoor.com to cover some of the cost of my education in 2008-2009 school year. All loans through campusdoor.com were funded by Lehman Brothers Bank. My university had already received the money for the fall semester (right before the bank collapsed) The disbursement for the spring semester is scheduled for January. So my question is, will the bank that has filed for the bankruptcy make the scheduled disbursement? If not, what will happen to the loan? (I know that I will still have to pay it off) What normally happens to the non-fully disbursed loans when the bank goes bankrupt?
campusdoor.com has all ready found a source of money so your loan will not be interrupted!!!
