Where you live is not taken into consideration in terms of how much funding you can get. They put all of your aid from all sources (loans, grants and scholarships) into your student account, pay your tuition and fees (and dorm expenses if you live off campus), then they disburse the rest to you directly to be used for books and living expenses. So if you have $5000 in aid for a term and your tuition and fees cost $3000 and you live off campus you will get $2000 back. If you live on campus you will get less in your pocket because they will just use your $2000 to pay for the dorm costs. Hope that helps!
March 26th, 2010
Posted in 
Tags:
Where you live is not taken into consideration in terms of how much funding you can get. They put all of your aid from all sources (loans, grants and scholarships) into your student account, pay your tuition and fees (and dorm expenses if you live off campus), then they disburse the rest to you directly to be used for books and living expenses. So if you have $5000 in aid for a term and your tuition and fees cost $3000 and you live off campus you will get $2000 back. If you live on campus you will get less in your pocket because they will just use your $2000 to pay for the dorm costs. Hope that helps!