<p>Justaspirant, many of your question are technical in nature and should be answered by the University. </p>
<p>1) You decide how many credits and what courses you take each trimester. Some trimesters, you can take as many as 18 credits and other trimesters, you can take as few as 12 credits. Most trimesters, you will probably take between 14 and 16 credits. As long as you average 15 credits per trimester, you should graduate in 4 years.</p>
<p>2) I asure I understand what you mean by “is there any other way to handle the money?” Shouldn’t your parents have the answer to this question?</p>
<p>3) You should contact the institution that has offered you the loan and ask them. This is official, you should not rely on somebody here. I would assume that if there is not deadline mentioned on the documents, then there isn’t one. But you really should contact the institution that has offered you the loan.</p>
<p>4) I would assume that this changes from time to time. Perhaps one of the posters would know, but I am not sure.</p>
<p>5) Some AP will get you credits and/or place you out of certain classes. You obviously have to score at least a 4 out of 5, and you should remember that it is not always the case. Below is a link to how Michigan approaches AP exams.</p>
<p>[University</a> of Michigan - Office of Undergraduate Admissions](<a href=“http://www.admissions.umich.edu/academics/apguidelines.html]University”>http://www.admissions.umich.edu/academics/apguidelines.html)</p>
<p>SAT IIs are not relevant or considered.</p>