Received Unsubsidized Loan Disclosure Statement for a School Son is Not Attending.

NC_Mom
Tue, 23 Aug 2011 13:31:07 +0000

My son just received the Direct Loans Disclosure Statement showing that they are disbursing the $5500 unsibsidized loan for him to a school he is not attending. He did apply for financial aid from this school, but chose to go elsewhere and never paid a deposit there. It says the first disbursement of $2737 would be made on 8/15/2011.

I would like to call and make sure this is a mistake, but I don’t think anyone will talk to me since I am not the borrower. Son is already at school 3000 miles away (and has already received a subsidized loan at that U). Does anyone have experience with this? Should we just ignore it or should I ask my son to call someone. The Disclosure Statement gives no contact information.