Student Loans | What Can You Buy With
: The cost of your classes and academic fees (lab, course materials, technology).
: Special equipment, support, or services related to a disability that ensure academic success. Restricted or Prohibited Uses what can you buy with student loans
: You cannot use loan funds to buy a car, motorcycle, house, or condo. : The cost of your classes and academic
: Essential equipment such as laptops, software licenses, printers, and ink needed for your studies. : Essential equipment such as laptops, software licenses,
Student loan funds are generally restricted to that fall within a school's official cost of attendance (COA) . While this includes obvious costs like tuition, it also covers many daily living requirements essential for school attendance. Direct Educational Costs
: Costs associated with getting to class, such as gas, public transit passes, parking fees, and highway tolls.
: Expenses such as vacations (e.g., spring break), concert tickets, or high-end electronics not required for school are prohibited.
