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I'm probably going to use an unsubsidized loan and the GRAD PLUS loan to pay for med school. I don't have much in my savings to last me for personal expenses, and I'm wondering if federal loans in medical school are different from undergrad in that you can use your loan money to pay for rent. In addition, in the case my car needs repairs can you use loan money for that too?
I'm only asking as a few friends got in trouble for using loan refund money to pay for rent on nice apartments in the city during undergrad. I also don't want to defer medical school acceptance another year because I don't have enough in savings but I'm slowly wondering if I need to :/
I'm only asking as a few friends got in trouble for using loan refund money to pay for rent on nice apartments in the city during undergrad. I also don't want to defer medical school acceptance another year because I don't have enough in savings but I'm slowly wondering if I need to :/