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finanical aid money


Question Posted Sunday July 24 2011, 7:36 pm

can you use finanical aid money or college loan money to purchase a laptop/your books? if so how?

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Missa8305 answered Sunday July 24 2011, 9:44 pm:
Yes, you can. Infact, that is what student loans exist for... To help you with college fees, living expenses, and anything you may need for school which includes a computer and books.

Getting a student loan is pretty easy. Visit your financial aid office on campus for help with this process. Once you've applied for and accepted your loan, the funds will first be sent to the school and whatever is left after tuition and fees are paid will be issued to you in the form of a refund. I don't know how your school works, but the college I attend gives you the option of having your refund directly deposited into your account so you get your money faster. Once this money is in your personal bank account, you may do with it as you please.

Good luck with college!

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Never2bAlone answered Sunday July 24 2011, 9:40 pm:
Yes you can. First the school will subtract the money you owe for tuition and then they will cut you a check for what ever is left. You go to the bank and deposit it or cash the check and then purchase whatever you like. But remember, you will have to pay it back so spend it wisely. Congratulations on starting out in college and good luck.

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