A student loan expert / disinterested third party banker weighing in on this would probably be most helpful, and I believe there are several here.
Originally Posted by
particlemn
there might be some risk in seeing a bb account of someone with very little money having a 500 deposit. i would stay clear of this there are other ways to MS. unless you are giving the money as a gift i would not comingle funds with one whom has a past due debt, they may accuse her of hiding money by giving it to you and this might jeoperdise the repayment plan.
Another conceivable issue is a lender's paranoia that credit card laws and student loan laws are very different -- mixing can potentially look like a bankruptcy scam.
http://www.nolo.com/legal-encycloped...dent-loan.html