06-21-2020, 09:20 PM
this may be a silly question because maybe Im missing something but if I remember correctly, you can take a federal student loan out for up to 10K? I remember using some of my stafford loan to pay rent when I was renting an apartment to attend a certain college nearby? so what am I missing? how do they know if youre using some of that money to pay the residency waiver fee? dont they just cut you a check for the amount you took out on the loan?