<prompt> Human: Hello rpersonalfinance,I wanted to get some input before I move forward with this idea I have. So I currently have a car that I owe a little less then 3k on and long story short, my credit was very bad when I got it so I have an insane interest rate of about 2337;, and I had no one that could co-sign for me at the time wish I did. Now, Im going to be starting graduate school in the fall, and this year is fully funded by grants so Im not going to have to take any thing out for tuition and I was just going to pay for class materials on my own avoiding student loans. This is where my question comes in. Should I take the subsidized student loan just for the amount of my car to pay it off. My interest rate on the subsidized loan will be 637;. The interest on my car loan is killing me and I feel like Ive been getting no where. Ive been trying to make more then the minimum payment, but living in the bay area has made it a struggle to make more then the minimum. So should I use the student loan as an opportunity to get out of this god awful car loan. Or is there something that Im overlooking. Ill also add Ive tried refinancing now that Ive built my credit up. But since the car is a 2006, no bank is down to finance a car that is over 10 years old. Thank you for any advice.  <response>: It violates the terms of the loan to use it for anything other than what the loan is for. 