I took it out to help pay for my summer classes during my last year of school. I had maxed out the "regular" federal student loans, most of my scholarships wouldn't cover summer classes, but I wanted to get my degree done as soon as possible.
The original loan amount was $2500, at 5% interest rate.
The minimum payments were due quarterly, and were $120 every 3 months.
And now they're gone! :)
congrats! That is a great accomplishment!
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