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Can grants, scholarships, student loans, or financial aid be applied towards rent?

April 26, 2017applied financial aid Grants rent scholarships student loans

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Can grants, scholarships, student loans, or financial aid be applied towards rent?

1 Answer

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Yes. You may use financial aid proceeds to pay for off campus housing or any other third party payments. Typically financial aid proceeds are dispersed directly to the student who in turn can then use those proceeds to pay for housing.