Rising MS1 here, and this will be my first time using student loans for living expenses, books, supplies, etc.
At the beginning of each semester, the school will take its tuition/fees money out of my loans and then disburse the rest to me in one lump sum. Where is the best place to keep this money as I use it? I have an Ally savings account so that is where I was planning to keep it, but I'm interested in hearing other ideas. I am aware of the transaction limit, but I don't see that being an issue.
Also, does anyone have other tips/tricks for student loan management while still in school?
Thanks!
At the beginning of each semester, the school will take its tuition/fees money out of my loans and then disburse the rest to me in one lump sum. Where is the best place to keep this money as I use it? I have an Ally savings account so that is where I was planning to keep it, but I'm interested in hearing other ideas. I am aware of the transaction limit, but I don't see that being an issue.
Also, does anyone have other tips/tricks for student loan management while still in school?
Thanks!
Comment