when getting student loans from a bank does the money just go into your bank account?
October 16, 2010 by admin
Filed under Student loans
i am in the process of getting a Student loan from Wells Fargo. now i have my financial stuff all worked out at my school, but i wanted to use this small loan to buy a computer. am i going to be able to have the money just transferred to my bank account if i am approved?
The money will go directly to your school first. Then after your tuition and fees and other school costs are taken out you will get issued the excess (if any). Yes, you can use it to buy a computer.