student loan/financial aid and buying a car
posted 24th Apr '12
This is going to sound completely ridiculous. I've heard of people doing this and I'm wondering how true it is.
I've heard of people using their grants and student loans for other things other than just classes. I'm figuring all my classes cost a certain amount, and I have like 3 grand left over is it true I could just buy a car?
If not I'm totally cool with working this job and doing what I have to do, but I'm sick of hearing it and arguing with people on why i cant
quoteposted 24th Apr '12
Yes, you can. You will use that car to get to and from school, won't you?
quoteposted 24th Apr '12
You get that loan check, cash it, and do what you want with it.
quoteposted 24th Apr '12
Think of it this way... you will have to pay the loan back in the end...so why not. You have to get to school and work...
quoteposted 24th Apr '12
Yep did it all the time
quoteposted 24th Apr '12
Uhhhh yeah.....refund checks are boss.
quoteposted 24th Apr '12
Thanks ladies lol I dk why I was thinking its not even possible.
quoteposted 24th Apr '12
I bought my first car with the remainder from my financial aid. I paid my rent for the semester and worked to pay utilities and groceries.
quoteposted 24th Apr '12
Quoting 1010100010101010:" This is going to sound completely ridiculous. I've heard of people doing this and I'm wondering how true ... [snip!] ... cool with working this job and doing what I have to do, but I'm sick of hearing it and arguing with people on why i cant"
Yes you can!
quoteposted 24th Apr '12
I'm pretty sure thats what those grants are for. My husband has student loans and a full on Pell Grant. Most of the grant does go to paying for the class but we get some back twice a year and we use it to get ahead on bills and buy things we need.
quoteposted 24th Jan
NO, you dummies!!! You CAN'T. That's about the most unethical thing I've heard of!!! Ask your question on the government's website! As a matter of fact, I'll cut and past and forward it for you!
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