By now, all students should have received their refunds from their Federal Student Loans. Refunds are to be used for educational purposes only. This includes:
- Textbooks
- Supplies
- Equipment
- Dependent child care expenses
- Transportation and
- Rental or purchase of a personal computer
Remember: Because of interest, you are paying to borrow this money. Make wise decisions when it comes to spending your refund.
Feel free to set up a one-to-one meeting with a Peer Financial Counselor in Carrington Rm 419 for additional financial advice.