Open Question: Question about the Education One Loan?
Im going to attend texas a&m international university next fall, but i only got the pell grant for $2360 and te acg grant for $750. the school is also offering a subsidized loan of $3,500, totaling in $6,610. The estimated total cost of attendance is about $16,058. I dont want for money to be the reason i dont go to college. I got this one letter from the chase bank, and they are offering me up to $40K for my education. I talked to my parents about it, and my father agreed to be my co-signer. But i still have a question before going forth with all of this. Is the amount i get from the grants i got and the subsidized loan per year or semester? if i get, oh, lets say $12k from the education one loan, will i receive that money per semester? per year? or will they just give me the money and thats that? what would you do if you were me, would you deny the subsidized loan from the school completly?
also, can i buy a car with that money? cuz i kinda need one.
i do have a part time job, at BK.
i didnt say i was going to deny it, i just said should i and just stick to the private loan.