Maximum Loan Amounts

[720lady]

I will begi repaying my loans within a few months. I also will be going back to school in the summer. I am a public service worker. Would someone tell me how my repayment would work. For example, the amount that I currently owe, does it continue to add onto my new balance for the summer courses, or does it stop?

[dst1]

I will begi repaying my loans within a few months. I also will be going back to school in the summer. I am a public service worker. Would someone tell me how my repayment would work. For example, the amount that I currently owe, does it continue to add onto my new balance for the summer courses, or does it stop?

 

 

That is a big depends. We really need more information to help. Are you going back full-time or part-time, degree seeking or not, have you ever requested a deferment before? If so, for how long? Are the loans government or private. There's lots of permutations.

 

Note that in all cases you can continue to pay on the loan if you want. Put if you want to stop paying, certain conditions have to be met. If you don't feel comfortable sharing you specifics here (understandable) talk with the FA officer at the school where you plan on attending. They should be able to give you advice specific to your situation.