Health Insurance

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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PDX4343
Posts: 556
Joined: Sun Oct 27, 2013 11:59 pm

Health Insurance

Postby PDX4343 » Mon Mar 13, 2017 7:49 pm

It looks like most schools have a mandatory health insurance fee. I'm wondering, if you have comparable coverage already and are able to waive the requirement, are you still approved to take out loans for the insurance? In other words, could you accept the full loan package (including the health insurance cost) then waive out of the insurance fee and keep the difference for living expenses?

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Nebby
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Re: Health Insurance

Postby Nebby » Mon Mar 13, 2017 7:57 pm

PDX4343 wrote:It looks like most schools have a mandatory health insurance fee. I'm wondering, if you have comparable coverage already and are able to waive the requirement, are you still approved to take out loans for the insurance? In other words, could you accept the full loan package (including the health insurance cost) then waive out of the insurance fee and keep the difference for living expenses?

No

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PDX4343
Posts: 556
Joined: Sun Oct 27, 2013 11:59 pm

Re: Health Insurance

Postby PDX4343 » Mon Mar 13, 2017 8:01 pm

Nebby wrote:
PDX4343 wrote:It looks like most schools have a mandatory health insurance fee. I'm wondering, if you have comparable coverage already and are able to waive the requirement, are you still approved to take out loans for the insurance? In other words, could you accept the full loan package (including the health insurance cost) then waive out of the insurance fee and keep the difference for living expenses?

No


Thanks.




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