<p>I didn't get any financial aid other than loans so me and my parents took out the most we could in loans. I think it was about $29,000,000. I just got a letter saying my total costs this year will be about $23,000,000. Will we get that extra $6,000 back or is that for extra costs that might not have been listed.</p>
<p>It said something about signing up for BruinDirect to get refunds quickly but I don't really know much about what BruinDirect is. From what I've heard, it allows financial aid and other refunds to quickly back to your checking account. The thing is that I don't have a checking account. How do I set it up so that extra $6,000 goes back to my parents? (Since they took out about $24,000,000 in loans for me). Or does it happen automatically.</p>
<p>Sorry for being an idiot when it comes to financial stuff.</p>
<p>i havent been to college yet but i dont think it costs 23,000,000 also known as 23 million dollars. California isnt that poor yet</p>
<p>It’s an innocent mistake. Just like the absence of apostrophes, right @mccormick?</p>
<p>From what I know, the $6,000 and any unused funds will be disbursed before each quarter. You can authorize BruinDirect deposits online here: <a href=“http://www.gdnet.ucla.edu/gss/library/bdform.pdf[/url]”>http://www.gdnet.ucla.edu/gss/library/bdform.pdf</a></p>
<p>Holy crap, I’m an idiot hahaha. I’m running on literally no sleep over the past 2 days so sorry about all the extra zeroes.</p>
<p>If you take out too much, they give it to you by either check in the mail, or if u get bruindirect you get it directly into your bank account.</p>
<p>For some loans the interest doesn’t accrue until you graduate (or some even after). so i know people who has taken out all the loans possible with good interest rates, put it in a bank or bond and made some money off it.</p>