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can i use the loan to help pay for my rent and car/gas to get to school? and which one is the best loan to get, like one you can pay after you graduate.

2006-07-06 05:19:23 · 5 answers · asked by Jenny V 1 in Business & Finance Other - Business & Finance

5 answers

Don't use your student loans to pay for rent or your car. That will get you into serious trouble financially. Use it to pay for your tuition only. (Don't even use it to pay for your books if you can help it.)

You are going to have to look at getting a job and some roommates to ease the burden of day to day living costs.

2006-07-06 05:25:03 · answer #1 · answered by johnnashiscrazy 3 · 0 0

Yes, you can use it to help pay any expenses involved with school. Your financial aid rep will help you decide what scholarships/loans are best for you.

Good luck!

2006-07-06 12:26:20 · answer #2 · answered by KansasSpice 4 · 0 0

yes you can use the overage of your student loans to live on, been doing it for over a year now.

the best one to get is a subsidized Stafford Loan.

Check into FASFA you can apply on-line and it is simple.

2006-07-06 12:24:55 · answer #3 · answered by Plain_Common_Sense 4 · 0 0

dont get a student loan. you will regret it.

2006-07-06 12:23:31 · answer #4 · answered by blazer 2 · 0 0

stafford, u can use them for any education realated expense. it comes to you in a check and you decide what is the way to spend it.

2006-07-06 12:25:03 · answer #5 · answered by bmiamom 2 · 0 0

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