Can I Automatically Renew My Student Loans Each Year?

When applying for financial aid for undergraduate, graduate or professional degree programs, you’ll likely hear a lot about scholarships touted as being renewable for a year or two at a time. While scholarships and other forms of non-loan financial aid do have the ability in some cases to renew, student loans generally do not. At least, not in the conventional understanding of the term “automatically renew.” […]