<p>I’ve been searching and can not find this exact information anywhere. I have a scholarship that covers tuition plus a little extra. This year, the extra plus my Stafford loan was automatically put towards housing. I plan to live off campus next year and am wondering what exactly happens to my scholarship/loan. I assume that I still get it, but in what form? A check? My parents are concerned about this in regards to living off campus and I can’t find any information! Thanks in advance</p>
<p>Yes…you’ll get the money either in a check sent to your address or in a check for pick up at the school. </p>
<p>However, you may not get the money in time for “move in” so you may need to make sure that you have “first month” funds already.</p>
<p>Are you borrowing the max student loan for this school year? If not, do so and put the remainder aside for next year’s first month costs.</p>
<p>Yes, I am borrowing the full amount, but I will be okay for costs at the beginning of next year. My parents just want to make sure that I will still be receiving that money.
Thank you!</p>