<p>I am currently thinking of withdrawing from school, but have some questions about my financial aid. I did not get any title IV funds, I only got a completely private loan(not subs/unsub) to cover school bills, but will still need part of this to cover bills. Will I have to pay this loan back since it is not Title IV funds? I can only find information that says I have to pay back Title IV funds if you withdraw before a certain date. Any help would be great.</p>
<p>I have tried to contact my financial aid department, but they haven't responded yet, so I'm a bit lost.</p>
<p>anyone? I need help asap.</p>
<p>If you have only private loans, you will be expected to pay them back on the normal schedule regardless of finishing.</p>
<p>Borrowed money is borrowed money to a bank or lender. They'll make more money off your interest over the long-haul compared to calling it in right now.</p>
<p>So I was right that since they aren't Title IV funds they won't be recalled, only title IV would be?</p>