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Loans For College Students For Living Expenses

Theodore Said:

Am I allowed to use my student loan for college for things other than my tuition, living expenses, etc?

We Answered:

Yes, students often do use that money for other things such as computers or a car. But it wouldn't make much sense to spend your tuition money on a car if you're going to need it for your education. You could find yourself partway through school without the funds needed to finish.

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