Excess scholarships--how best to maximize the potential of them?

[BelknapPoint]

Just a follow up to a couple of the posters above. My son did ask to have cost of phone and laptop added to COA (to enable better use of the scholarships he’s been given). He finally just got word back from UW Financial Aid. Any extra aid given would only be in the form of a loan. He wouldn’t otherwise be using any loan. A loan for these might help his cash flow. Would there be any other advantages to taking it?

What are the terms of the loan?