Can I use the money from my Stafford Loan to buy a laptop for college?
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I need to get a laptop for college and I was wondering if I could use the funds from my Stafford loan for the purchase.
Thanks
yeah it should be fine since they just give you money and don’t check what you do with it. if you need help picking a laptop try http://www.laptopfox.com
Usually that is an allowable expense assuming the amount of your loan is greater than your outstanding tuition and fees. Check the terms of you loan if should be stated there.
Well if you’ve already finished registering for ur classes and u still have left over money usually the school will refund it to u and u can do whatever u want wit it. Im not 100% sure if all colleges do this i know mines does..but u might want to check wit ur school’s financial aid advisor
Yes, but the funds will not become available to you as soon as you might think.
I was looking to buy a laptop computer table for the refurbished laptop computer in my office but I’m finding that I can get significantly better prices online instead of driving to the local electronics store, in many cases 50%-70% cheaper. The only bad thing is that I have to wait a few days to get it sent to me.