<prompt> Human: Hey PF, long time reader with curiosity question. I am a 26 year old student with excess funding from student loans in part from accepting a scholarship. Normally, I would have denied the excess but I thought it would hurt having in it case of emergencies. In total, it is just over 13k and currently sitting in a separate savings account. My question is what is the best course of action to put it to work while in school. I had been considering investing in FKUTX, but know nothing of mutual funds and lack trust in my bank to give them 100 control over something I need back in the future.Given that I will keep 3k for emergency funds, what would be a good idea to look into with an expected graduation of Feb 2017.Other details are it is mostly subsidized loans and grants with less than 200 interest occurred from until unsub when finished. I am fine on all personal and school expenses, but I am a young homeowner 30 yr at 3.75 w 67k left and no other debts. My only concern is A access to it for major home repairs and B length of time left until it needs to be returned Aug 2017 waiting six months out of graduation.Another option I was considering is getting rid of pmi drops at 59k for a savings of 888 a year. Any advice is appreciated.  <response>: Give it back. All your un-subbed loans will charge 4-7 while in school; the market is unlikely to match or beat that. 