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Has anyone borrowed from their TRS?

Posted By Message

BigB
C & J are 10!

Member since 6/05

5914 total posts

Name:
Stacey

Has anyone borrowed from their TRS?

I am short tuition money this year and I don't want to charge it and I can't take out a loan.

Does anyone know of the penalties involved?

Posted 12/5/09 8:11 PM
 

mathteach
Roll Tide!

Member since 8/08

3169 total posts

Name:
Christine

Re: Has anyone borrowed from their TRS?

I think there is a fee. Like $35 or something I could be wrong. You do get charged interest but from what I understand it goes back into your account anyway so you're paying the interest to yourself.

It is fairly pain free...go for it.

Posted 12/5/09 8:51 PM
 

LiLi
LIF Infant

Member since 3/09

89 total posts

Name:

Re: Has anyone borrowed from their TRS?

I have- if you fill out the online app by tomorrow, you should have the money by Wed.

It comes directly out of your paycheck and you dont have to do anything!

Posted 12/5/09 10:37 PM
 

BabyLove08
Love her!

Member since 2/08

3673 total posts

Name:

Re: Has anyone borrowed from their TRS?

I've taken a few loans already, painless but DANGEROUS:)

Posted 12/6/09 6:33 AM
 

BigB
C & J are 10!

Member since 6/05

5914 total posts

Name:
Stacey

Re: Has anyone borrowed from their TRS?

Thanks! I really don't want to charge the tuition, so I would rather borrow from this and pay it back. When we sell our apt, I will be able to pay the entire thing back, I just don't want to scramble this spring!

Posted 12/6/09 9:24 AM
 
 

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