My BF and I have been trying to figure out how people live on loans. He got a subsidized loan for 2600 or so, but I wouldn't think people could live on that. The financial aid office isn't being particularly helpful to us understanding where else you get a loan particularly since his credit rating is, umm, damaged at the moment (getting better but not there yet). Do you get enough to live on from a bank? I assume they check credit. He also got a Stafford Loan that pays for tuition, etc., but he's going full-time and we're hoping if he gets good grades then scholarships might kick in, but how to live till then is a bit up-in-the-air. Can someone give me some idea of what is involved?
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