<prompt> Human: Long story short I applied for a government subsidized tuition loan of about 3,300 because my family did not believe they could cover the full cost of tuition this semester. This turned out to not be the case, but I was still given a check for tuition. Currently I have the money sitting in my savings account, but I was wondering if there is a better use for the money? I plan on attending law school after my senior current year and wont be liable to repay until after I finish with my JD. However, Im wondering if waiting is the wisest move since Im not absolutely clear on how the interest will work. I also wanted to know if it might be wise to invest the funds over the next 4 years and actually attempt to gain some assets over the next 4 years. Any advice would be greatly appreciated.  <response>: In my opinion if its subsidized then you havent accrued interest on it then the best thing to do is to take that 3,300 and pay it off.That is unless you need it for books or other necessary incidentals. 