I was wanting to see if anybody could help me out. I have received a pell grant that has already been disbursed and it covered my tution and books cost. I am attendenting cisco jr colleg. I also have been awarded a unsubsized loan for 2500 for the semester and a subsized loan for 3000 for the semester. My question is since my pell grant covered my tution and books will i get a refund for the loans. I am a full time student.
Yes but unless you need to loan money to live on you should decline the loans, especially the unsubsidized portions Those loans will eventually have to be paid back.
What do you need the loan money for? You should minimize taking out loan money since they will be a burden to pay back later.
I need it for living expenses or I would not be asking for them unless I really needed them