Do scholarships marked for living expenses count against how much you can take out in loans? Forum

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FairchildFLT

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Do scholarships marked for living expenses count against how much you can take out in loans?

Post by FairchildFLT » Sat Mar 19, 2016 3:53 pm

I got a 8K a year scholarship for living expenses. Will this count against how much I can take out in loans?

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mukol

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Re: Do scholarships marked for living expenses count against how much you can take out in loans?

Post by mukol » Sat Mar 19, 2016 4:49 pm

Yes.

You can borrow up to the cost of attendance minus other financial aid.

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FairchildFLT

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Re: Do scholarships marked for living expenses count against how much you can take out in loans?

Post by FairchildFLT » Sat Mar 19, 2016 5:37 pm

mukol wrote:Yes.

You can borrow up to the cost of attendance minus other financial aid.
Rog. That's what I thought thanks.

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