Home Tip of the Day How You Can Use Your Student Loan Refund

How You Can Use Your Student Loan Refund

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The information provided below is from a financial aid advisor at American Public University System. If you have any specific questions please contact a financial aid advisor at your school.

If you’re using federal funds for school you no doubt already know what you’re going to use it for, classes.  So, besides applying the amount to your tuition, where else will the refund be applied to your education? Check out the comprehensive list below for authorized educational expenses:

  • Tuition
  • Room and board
  • Institutional fees
  • Books
  • Supplies
  • Equipment
  • Dependent child care expenses
  • Transportation and commuting expenses
  • Rental or purchase of a personal computer
  • Loan fees
  • Other documented, authorized costs

By Financial Aid Representative, American Public University System

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