I know that everyone on here has said that you cannot do that, but I am proof that you can!
In the paperwork that you sign, the promissory note, it says that you must use the money for school expenses. If you are in need of a laptop for school, then it counts as a school expense. You could even buy a new car with the money if you were in need of transportation.
2007-12-08 02:26:24
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answer #1
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answered by Anonymous
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Student Loan For Laptop
2016-11-07 07:37:03
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answer #2
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answered by pruski 4
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Only if the money exceeds what you are being billed for tuition, room and board, fees, etc. You may always borrow additional funds thru private education loans to help with other expenses such as transportation or in this case a laptop...as long as you have a credit worth co-signer.
2016-03-17 03:05:58
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answer #3
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answered by Anonymous
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For the best answers, search on this site https://shorturl.im/axPJv
It is sometimes (but not always) possible to obtain financial aid funds to purchase a laptop. Basically, any school you go to will establish a "Cost of Attendance" (COA, which is basically a budget) for each of its students. That COA can include tuition, fees, books, supplies, housing, transportation, and... "a reasonable amount... for the documented rental or purchase of a personal computer that the student will use for study for the enrollment period." However, your school gets to decide whether to add this cost to your COA. Then, if the amount of financial aid that you receive is in excess of what you owe to the school (for tuition, fees, and other billable charges), you can use the remainder as you see fit. The problem you may encounter is this: because your school is online, they may not have much IN their cost of attendance besides tuition (probably not housing and transportation) and maybe "books"... You will probably need to specifically request that they add this cost to your COA (also called a "budget"). And if they don't want to, well, that's their prerogative. This COA rule applies to student loans as well. Basically, you can't receive ANY type of financial aid (including most private student loans) in excess of your COA unless your school "okays" it. The only exception to this might be a private loan that the school doesn't have to "sign off" on (these are rate; most private lenders will require school certification for their loans).
2016-04-09 21:39:42
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answer #4
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answered by ? 4
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yes, i would think that you could purchase a computer. dell has discounts for students. i think that having a decent computer is pretty much needed for students in todays age. most campus seems to be putting wireless in everywhere i understand ? i personally believe it's a legitimate expense and a good use of the money. anything that enables you to be more effective and get through your program so you can make a good living.
2007-12-08 02:50:30
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answer #5
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answered by Mildred S 6
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2007-12-07 18:27:41
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answer #6
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answered by Anonymous
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I don't think you can get one for that specific purpose due to most schools provide a library of some sort, but I'm not sure that if you get an open grant or scholarship it couldn't be used for that. Some of them don't require explanation of use of money. I do know my Toshiba was bought for the purpose of school and is going on my taxes as a school expense, right along with pens and paper. I also believe that it would depend on your major;IS IT COMPUTER RELATED.
2007-12-07 16:15:02
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answer #7
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answered by kantkizz 1
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This is a very interesting topic
2016-07-30 08:33:05
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answer #8
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answered by ? 3
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Never heard of that. If that is possible, then our tax money will double.
2007-12-07 15:58:27
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answer #9
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answered by d y 2
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No. If you want a laptop, it is YOUR responsibility to buy and pay for it.
2007-12-07 16:01:53
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answer #10
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answered by newyorkgal71 7
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