luciazephyr: Book of the Still, the time traveler's lifeline (Default)
Lucy ([personal profile] luciazephyr) wrote2010-03-11 06:13 pm

(no subject)

Mum has a question for you US college students. If she takes out a student loan, can she use it on bills and stuff, or are there restrictions on the sort of thing you can use the money for?

Oh yeah, this morning we went to the college and got the majority of our admissions stuff done. 83

Also I bought the Arctic Monkeys' Whatever People Say I Am, That's What I'm Not. And I'm gonna watch Psych tonight and then play Persona 4.

Good day overall.

-Lucy

[identity profile] megantracey.livejournal.com 2010-03-11 12:31 am (UTC)(link)
When I was in school, which was a couple (10 ow,ow,ow)years ago, you could only take out a certain amount. The money then went directly to the school. The school would then cut you a check for what ever was left over. You could do with that what you wanted. So for example if tuition was 2000, the loan was for 1000, a check would be cut to you for the remaining 1000.