Student Loans

Can You Use Student Loans For Rent – Can You Use Student Loans for Living Expenses?

can-you-use-student-loans-for-rent-can-you-use-student-loans-for-living-expenses

Can You Use Student Loans For Rent – How to Choose

In this video Elaine covers how to use student loans for living expenses, and the issues you may run into. Yes, you can use student loan funds for on-campus or off-campus housing, but you’ll need to plan wisely to make sure your funds are available when you need them. Elaine reviews how federal and private student loans are disbursed and what you need to consider if you plan to use student loans to pay for living expenses.

0:16 Cost of Attendance
1:12 Getting your Financial Aid
1:43 Credit Refund
2:08 What to know if you rely on your Financial Aid for your living expenses
2:38 Costs of living off campus
3:52 When it comes to Private Student Loans

Subscribe and check out our other videos on planning and paying for college, and don’t forget to visit Edvisors website for companion articles for even more answers to commonly asked financial aid questions.

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https://www.youtube.com/watch?v=4ZDfr15inwY&feature=youtu.be

What is Financial Aid and How to Apply
https://www.edvisors.com/fafsa/guide/what-is-financial-aid/

FAFSA Deadlines
https://www.edvisors.com/fafsa/guide/fafsa-deadlines/

Ask the Edvisor®: Have a question for Elaine?

Ask the Edvisor (https://edvisors.com/ask/ask-the-edvisor/) is where she fields common and not-so-common questions about student loans and financial aid. Check out past questions or submit your own.

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1 Comments

  1. Kare Bear84
    July 23, 2021 at 8:20 am

    If I use my loans to cover housing can I still work a fulltime job?