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> I'm not aware of any financial aid package (outside of maybe some private loans?) that you can apply for with the intent of using that money for car repairs a
by brotoss 5y ago
> I'm not aware of any financial aid package (outside of maybe some private loans?) that you can apply for with the intent of using that money for car repairs and have it not be fraud.
How do you think people pay rent, feed themselves, buy textbooks, etc, while in school? You just aren’t aware how financial aid works
- prepend 5y agoStudent loans explicitly can’t be used for car repairs [0]. You can use it for transportation like buses and trains, rent, gas, and meal plans (but oddly not groceries and restaurants). So students typically work jobs, use savings, get help from friends and family. [0] https://www.salliemae.com/blog/what-to-use-student-loans-for/ https://www.salliemae.com/blog/what-to-use-student-loans-for...
- tshaddox 5y agoHow is this enforced, given that dollars are fungible?
- astura 5y agoIt's not enforced because it's not true, the GP didn't read the article they posted, it's just a shitty financial advice column. Those "restrictions" are just suggestions.
- astura 5y agoYour link says no such thing and doesn't even mention car repairs. In fact it says the exact opposite >Otherwise, use your leftover student loan money for anything you absolutely need for school. >Ultimately, any leftover loan money is yours to use how you’d like. This article is merely a shitty low quality advice article, these are suggestions.
- satronaut 5y agoget a part time job? take out student loans? study something (stem or law) that will actually enable them to get out of student debt?
- chowells 5y agoStudent loans are student financial aid. So you're saying student financial aid is in fact supposed to cover general costs of living while a student?