My so. Will have enough saved by the end of the summer to decline the unsubsidized load and pay from his summer savings. If he does so will that impact his ability to receive an unsubsidized loan next school year?
No. Student will get an offer of up to $6500 in second year loans. But will not be permitted to ask for the first year amount of $5500 once that year is gone. Can’t double up because you declined it. But will continue to get offered each year until limit used up.
Than you