You can use your loan proceeds for almost anything. The following are some options:
- Pay off credit cards
- Pay off student loans*
- Start or expand a business
- Pay for college or grad school*
- Take a course or bootcamp*
- Pay medical bills
- Make a large purchase
- Relocate
- Travel
- Athletic training
- Make home improvements
- Other
*The use of loan proceeds for education purposes are not applicable in California, Connecticut, Illinois, Washington, or Washington, D.C.