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Grad student loans carry a higher interest rate and the interest capitalizes from day one so I would use the money to pay as I go for the NP. Your other student loans probably have a lower interest rate and if subsidized the interest would not capitalize while you are in school with an approved deferment.
Also consider changing your withholding so you don't get such a large tax refund; you are simply giving the govt an interest free loan. Why not increase your take home pay and then use it to help pay all your bills now, not at the end of the year.
RunawayN
284 Posts
Hello everybody.
If you have 7k, from say, tax returns, would you use it to
-Pay off part of your 30k student loan
-get a specialty certificate such as WOCN
-Apply and enroll in NP school around 25k
What would you do?