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I'm wondering if it's possible to take student loans while taking online courses, and if the loan amount can be deducted from the GI bill. The loan/s would cover a laptop and needed software.
 
Posts: 10 | Registered: Sat 06 June 2009Reply With QuoteEdit or Delete Message
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Yes it is possible to take student loans while taking online classes. Im presently utilizing these funds.

No you can not deduct it from the GI bill.

You'll need to do everything through your student financial aid office. The first step will be to fill out the FAFSA. This will determine what amount, what type, and if you are eligible for any grants ($$ you dont have to pay back).

The best advice I can give you is to not take any of the unsubsidized loans they offer you. These are loans that start accruing interest immediatley. Subsidized loans do not start accruing interest until after you leave school.

Best of Luck
 
Posts: 192 | Registered: Fri 14 December 2007Reply With QuoteEdit or Delete Message
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