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bethy2085 asked:
I’m getting ready to go back to school, but currently am on prescriptions, I was just curious if I can use loan money to cover this, or is it specifically for school specific things?
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Tags: Loan Money, Prescriptions, Stafford Loans
September 22nd, 2008 at 5:18 pm
No, they are for school tuition and fees only.
September 24th, 2008 at 12:22 am
Well, if after you paid your tuition you get a refund, NOBODY cares how you use your money.
You can do whatever you want with it, including your drugs
September 25th, 2008 at 3:21 am
If you have any money left from your disbursement once all tuition and fees have been paid you can spend it however you see fit.
September 26th, 2008 at 3:12 am
The money will first go to pay your school tuition then the leftover is disbursed to you. You can do whatever you want with it as there’s no statement of intent needed, audits, or anything of the like. Chances are you’ll want to only use it for essential things, as the aid amount is going to be far less than what you need to survive without any income.
September 29th, 2008 at 6:53 am
When it comes to the financial aid process, people often ask “Where do I begin?” We’re here to help and guide you throughout this process. This page outlines the steps to applying for a Stafford Loan. Basic Stafford Loan Requirements are, You must have submitted a FAFSA. For subsidized Stafford Loans, you must have financial need as determined by your schoolbe sure to include the school’s FAFSA code (or prospective schools, if you are a high school student) to ensure that the results are sent to your school’s financial aid office.
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