WalletWorks

PSECU Student Loans: Redefine Your Student Loan Refund

Written by PSECU | Jul 6, 2017 4:00:00 AM

 

Many college students wait anxiously each semester to receive their financial aid “refunds,” but the belief that this is “free” money is a myth. Most student loan refunds contain federal student loan dollars that have to be paid back after graduation. Using more of this money than you need for educational expenses can land you in serious debt after you finish college. Watch this video to learn more about these “refunds” and what to do if you receive one.