debt






 

Question by  annie52foof (1459)

Can I use money from a federal subsidized student loan for rent?

 
+6

Answer by  palmerde (22)

Yes, you can use money from federal subsidized student loans for living expenses. You can use student loan money for any expenses reated to the cost of attending college.

 
+5

Answer by  Missmelissa (69)

Yes, you are given the money to aide you in achieving your education. You will pay it back. Pay your rent.

 
+5

Answer by  Drew46 (19)

Yes; you can take out the maximum amount for a loan and then attend a relatively cheap community college. You can either live in a dormitory or private housing.

 
+5

Answer by  gummie (738)

Once a person receives federal funds and the cash is in their hands, they can spend it. It should go for the purpose intended, but not everyone does that.

 
+4

Answer by  John (9008)

Students who get student loans can use the loan proceeds for rent. Student loan funds can go for anything needed for a student's education, including living expenses.

 
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