Answers:
Whomever told you that was mistaken,
they send you the extra above your tuition and fees etc...
so if the loan amount is more than the expense you will get the extra. Go to the financial aid office and apply for the federal Stafford if possible. Remember (subsidized meaning no compounding interest while you are in school), is the best, use all others with caution.
I found interesting information about your answer, scholarships & partime works here.
http://all-student-loan-consolidation.bl...
Good luck!
When choosing a students loan provider, check their history online or call them directly to inquire about their options for students. Some banks allow students to make monthly payments or allow up to $40,000 covering additional living expenses beyond the books and tuition. As tempting as it seems, your student find themselves in more debt than you expected once you accept their students loan. Interest rates are inclining every year because of the government and we must take precautions so our credit history is not demolished during our university years.
For more info on getting a comprehensive student loan, you shld use the form on this site : http://students.mygeneralknowledge.com/a...
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