What is meant by interest in relation to a loan?
Interest is what the lender charges you to borrow their money. It is usually expressed as a percentage of the loan amount that is charged each year to borrow that money. How do I repay my loans? Since we are a direct lending school (we don’t use banks as middlemen), you will repay your federal loans directly to the federal government. If you have a Perkins loan you will repay your loans through the Bursar’s Office. Please find more detailed information on our graduation and repayment page. Scholarship Questions: • How do scholarships differ from financial aid? • What types of scholarships are distributed at CU-Boulder? • Where can I look for scholarships? • How do I apply for scholarships? • What are some tips on applying for scholarships? • How are scholarships paid? • How do scholarships work with regard to taxes? • What makes a good essay? • Are there any satisfactory academic progress requirements for scholarships? • If I have a private scholarship, what impact does this have on my
