However much you take out on your loan is how much you have to repay (with intrest) so you can take out more than your tuition but you will have to reapy it in the end.
You have an option of taking out loans while you are in school but you have to sign a master promissory letter to receive them. This states that when you graduate you will pay back the loans with interest.
You may be eligible for grants according to your state that you do not have to repay.
The only way you can get your loans paid is if you go into a field that pays for your loans if you work for them for a couple of years. Some nursing and social work fields have these programs.
A loan is a loan. Meaning you will have to pay it back eventually. Not sure what "Will give me back money for those expenses" means, but she could be referring to federal grant money.
If you are poor, the government will give you a GRANT, that does not have to be paid back to help you pay for your tuition and books and things. Some get a lot of grant money.. 4,700 a year, some get not much... 500 a year. Some get none!!
Those who get grants (and those who don't) can also opt to take out student loans... up to 5,500 a year for a dependent student.
Now RARELY is it enough to pay for ALL your tuition and fees and books and such to keep you from having to work at all.. but sometimes you get a little extra after those things are paid to help you with rent and groceries or a dorm room if you have one.
If you find a REALLY cheap community college costing only 2000 a year, that would give you 3500 to live off of. Personally I couldn't survive on that.... but I suppose some might.
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