Timing for paying off loans?

Question

If I am on financial aid and I receive enough graduation money immediately after graduating (about $10-20k) -- Will it seem out of place if I pay them off too fast?

Answer 1

Favorite Answer

Seem out of place? . . to pay off loans quickly? . .

I'm not sure I understand your quandry?

Answer 2

If you can manage to be a savvy spender and pay off half (or more) of your loan, it won't seem out of place. This is the kind of people that loans need to be made out to anyways!

I limit my spending too, especially while in college

Source(s): 11 years tax prep expirence