Yes they can - because it is considered a "school-expense"
The purpose of a student loan is to cover the various costs of higher education that a student or his/her supporters can not afford. The costs of higher education include tuition, fees, books, room and board. An independent student may also need funds to cover the cost of living if they go to school without working.
Nope ... the purpose of a student loan is for educational purposes and some living expenses. Besides which, student loans are usually at a high percentage rate - surely one could do much better than 8% or 13% on a car loan these days.
Parent Loan: A parent is getting the loan Student loan: A student is getting the loan
Use it to help cover the cost of your education...
There are many places to research student loan settlement. You can look at various places on the web or at many banks. Looking for loan settlements can be difficult start by checking www.wellsfargo.com/student
A federal student loan is most likely only going to be used on your tuition expenses. This is due to the fact that some federal student loans, like the Stafford or Perkins student loan might only help you pay some of your tuition, in other words it wont cover the full cost of your tuition. In this case it obviously cant help you pay for outside expenses because it does not even cover the cost of your tuition. Private student loans can be much more flexible. A private student loan can be made to cover the entire cost of your tuition as well as cover outside expenses.
what is a student loan grant?
Private student loans are credit-based, non-federal student loans that can help you cover any school expenses you have remaining when scholarships, grants, and federal student loans arenat enough.
what is a student loan grant?
If you need help paying for college or graduate school, Student Loans.com can help you find the student loans you need to cover your total cost of attendance. Whether you need federal or private student loans, we provide the knowledge and resources necessary to research and apply for a student loan.
What is a "Standard" student loan?
SOMEONE THATS HAS A JOB.