do salli mae career training loans cover the cost of living expenses?
Public Comments
- I'm not sure, have you tried looking in yahoo groups?
- The Sallie Mae Career Training loan can cover reasonable cost of living expenses. The Dept. of Ed defines this as: -the cost of room and board (or living expenses for students who do not contract with the school for room and board) -the cost of books, supplies, transportation, loan fees, and miscellaneous expenses (including a reasonable amount for the documented cost of a personal computer) -an allowance for dependent care -costs related to a disability -reasonable costs for eligible study-abroad programs. It's a big financial commitment to finance both tuition and expenses to go to school. Carefully consider (including what your income will likely be upon completion of your course of study) if this is the best approach before borrowing the whole amount. Best idea is to contact the Financial Aid office of the school you're going to attend and discuss which expenses you are trying to cover.
Powered by Yahoo! Answers