Can I recieve Federal Grant money if I received a Federal Loan too?

March 31st, 2009 | by admin |
  1. 2 Responses to “Can I recieve Federal Grant money if I received a Federal Loan too?”

  2. By Dr. brainy on Apr 3, 2009 | Reply

    Yes, you will receive the remainder of your financial aid (grant and loan, less the cost of tuition), after your tuition is paid. You will not lose the grant by accepting the loan- they’re both part of your financial aid package.
    Your university estimates the cost of attendance at a higher number than just tuition– because you have to pay for living expenses, books, rent, etc. That’s what the rest of the money goes to. They’ll give it to you to pay for your expenses while you’re in school. If you have any questions about your financial aid package, call a financial aid counselor at your university. Good luck!

  3. By Juzalilluv on Apr 5, 2009 | Reply

    Yep if everything has been deducted the rest is your money to pocket but make sure everything has been cleared w/the financial aid dept they do make mistakes….trust me I should know they made a mistake w/my check and I had to pay some money back that I already spent….

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