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Is there a difference between a regular loan and student loan?

By admin | January 25, 2012

asked:


I’m a student in college and looking to get a student loan for the uncoming semester. Is there a difference between regular loans and a student loan and how do they work? I recieved financial aid but paying for my classes and buying books & needs for class, there wasn’t much left over.

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    • Topics: student loans |

    No Responses to “Is there a difference between a regular loan and student loan?”

    1. Max Says:
      January 28th, 2012 at 9:28 am

      student loans dont need to be repaid until after you finish school

      loans have to be re-paid immediately with monthly payments

    2. Kyle Busch is an ...... Says:
      January 31st, 2012 at 7:11 pm

      As the previous poster said - student loans don’t have to start being repaid until after you graduate (or quit) college, whereas a regular loan would require monthly payments starting immediately.

      Financial Aid, grants and loans, ARE NOT, and never were, intended to pay all your college expenses - so it’s my suggestion that you Get A Job. Plenty of kids do it.