Can you use student loans to pay for rent?

+1 vote
asked Apr 29, 2018 in Financial Aid by L Tharpe (370 points)
Can you use student loans to pay for rent?

1 Answer

0 votes
answered Apr 29, 2018 by Prigen (12,000 points)
A certain part of your student loans can be used to pay for rent if you have to live off campus for some reason.

Do keep in mind though that in some cases it may be cheaper to live on campus and some colleges will require you to live on campus for at least the 1st year of your college.

I would only recommend living off campus if absolutely needed.

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