<p>Ok, im attending a state school in the fall, and the estimated total cost of attendance(including travel, misc expenses, etc.) for the entire year is a little over $20,000. With grants, I was offered $11,855. Now, If I take into account estimated tuition for the entire year ($4100), dorm expenses ($5000), meal plan expenses($3100), and books ($1000), that leaves me with a total of about $13,020. In addition to the grants, I was offered $5,500 in loans. A $3,500 subsidized loan and a $2000 unsubsidized loan. To cover expenses i probably need another $2000. That $2,000 will HAVE to be covered, on my part, from loans. So, do I take $2000 of the $3,500 subsidized loan that was offered? Take the whole $3,500? Take all $5,500 in loans? Obviously, I wont need ALL of the $5,500 in loans to cover fee's and such, but it will be extra cash that I can use. What do you recommend I do?</p>
<p>I am not a fan of borrowing more than you need to borrow. You can borrow some of the sub loan, then if you find you may need more to cover expenses, you can submit a loan revision request later in the year.</p>