Loan money from one college to another

thumper1
Tue, 29 May 2018 20:58:56 +0000

No. The Direct (Stafford) loans are for the academic year AND college you were attending at that time. You can’t now take out those 2017-2018 loans for next year.

If you didn’t attend college in the spring term, you are not entitled to the Direct Loan money for that term. You have to be enrolled in college for the term when you are taking out the loan. You aren’t enrolled now…so you have no entitlement to any further loan money for 2017-2018.