Using student loan to increase score

[justanotherusername]

I just finished submitting my FAFSA online, which I'm sure 99% of you know is for school financial aid. If I chose to accept only the subsidized stafford loan (US Dept. of Ed. pays the interest while I am attending college), how would I go about using this opportunity to increase my credit score? I have enough money saved up so when I receive the loan, it will probably be left untouched. Say I chose to accept $5000, should I pay $500 every month for the next 10 months to increase my credit score? $250 for 20 months? Or will my score decrease? Any help would be appreciated.

[pizzadude]

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@justanotherusername wrote:
I just finished submitting my FAFSA online, which I'm sure 99% of you know is for school financial aid. If I chose to accept only the subsidized stafford loan (US Dept. of Ed. pays the interest while I am attending college), how would I go about using this opportunity to increase my credit score? I have enough money saved up so when I receive the loan, it will probably be left untouched. Say I chose to accept $5000, should I pay $500 every month for the next 10 months to increase my credit score? $250 for 20 months? Or will my score decrease? Any help would be appreciated.

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As an installment loan, the amount how borrow, or how quickly you pay it really won't do anything to affect your FICO score.