Hi everyone I have a question about my financial aid status below is how it currently comes out, I was wondering if anyone could explain or tell me how much would be disbursed to me by the end of the year. In the sense of how much money would be sent to me in check for personal spending, any help would be appreciated thanks.
Total Amount of Loans Outstanding - FFEL (Bank Loans) and/or Direct Loans:
Total Principal Balance Remaining Amount to be Disbursed Total
Subsidized Loans: $8,969 $1,155 $10,124
Unsubsidized Loans: $7,020 $1,980 $9,000
Combined Loans: $15,989 $3,135 $19,124
Unallocated Consolidation Loans: N/A N/A
Federal Perkins Loan Amounts:
Total Outstanding Principal Balance: N/A
2012-2013 Loan Amount: N/A
TEACH Grants Converted to Direct Loans:
Unsubsidized Loans: N/A N/A
Update:I wanted the amount please?
Answers & Comments
Verified answer
Each loan is split into 2 for 2 semesters. So divide by 2 and minus from this the amount of tuition you are paying plus all the additional fees. This will tell you how much you will get back.
they don't give financial aid for "personal spending."
if you want money for personal spending, get a job