About federal loans, you can only spend the money on education i.e. books, fees, stuff you’ll need for school. So no buying a car, rent, or other non-school related stuff.

The MOST important thing is that you must be going to school, IE: taking classes the same amount of time that you applied for your student loans or you will have to pay them back right away.

I repeat, you must be going to school if applying for student loans full time, (12 credit hours or more), Part time etc. Then you must attend that amount of time to keep getting the student loans and grants.

You cannot get the student loans only for living expenses! You must be attending college the stated amount of time or you may not be able to get loans and grants anymore!!!

Sorry for the bad news, but that’s the truth!