Alright, so I recently took out a $2000 student loan from Discover. When I applied I selected it to be for both semesters, so I will be receiving the first $1000 in a few weeks, and the other $1000 at the beginning of next semester. I want to know if I'll be paying interest on the full $2000 as soon as I get the first half of the disbursement, even though I don't have the full loan amount in my possession. Any help would be appreciated!
Do I have to pay interest on non-disbursed half of my loan?
- Posted:
- 3+ months ago by Poker_Fac...
- Topics:
- student, interest, loans
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