Student Loans and Off-Campus Housing
April 11, 2012 9:37 PM Subscribe
Mechanics of student loans: How do you route money from private student loans disbursed to the college to private landlords when using off-campus housing?
posted by blue_wardrobe to Education (5 answers total) 1 user marked this as a favorite
My son is at college, and is about to go into private lodging for this year, rather than the college's own accomodation.
We are using a private student loan for some of the finance, and want to know how we use it to cover the private lodging, because the disbursement is to the college even though some of it's for tuition and some of it's for lodging. Do we get them to send checks to the landlord, or what? What's the process?