Can you take loans in cash form for everyday expenses?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
yeah
Posts: 40
Joined: Fri May 20, 2016 1:47 am

Can you take loans in cash form for everyday expenses?

Postby yeah » Mon May 22, 2017 10:17 pm

I have no job right now and I am concerned whether you can go to Law School and still can take loans for everyday expenses so that you wouldn't have to work at all?

Lawcat11
Posts: 398
Joined: Fri Jul 04, 2014 9:38 pm

Re: Can you take loans in cash form for everyday expenses?

Postby Lawcat11 » Mon May 22, 2017 11:45 pm

Yes, they include cost of living expenses in loans. The entire amount of loans you'll take out are disbursed to the school and then you get a refund probably a little bit before the start of classes that you can use as a stipend.

But you really should get a job, even a retail/food service one, before starting law school (just before, not during). Just stuff like traveling to interviews, professional clothing, etc. is really expensive and you should have some savings to fall back on. You'll also probably have to take an unpaid internship your first summer and even if you get $$ from your school to do that it won't be enough to really cover all your living expenses.

JoyceRedn
Posts: 1
Joined: Wed May 24, 2017 12:21 am

Re: Can you take loans in cash form for everyday expenses?

Postby JoyceRedn » Wed May 24, 2017 1:13 am

Mod edit: SPAM




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