Getting a student loan?

<p>I'm going to brooklyn college this fall. It is a city college.</p>

<p>I want to get a student loan, will the college ask me why I'm taking out?</p>

<p>I want to live in the dorms, even though my home is a 30 minute walk away.</p>

<p>Will financial aide refuse to give me the loan since I live so close?
Will they try to make sure I use the loan for those dorms? I'd also like to live in the neighboring apartments, if they are better options, or the dorms are filled up.
How much can I take out the first semester as a freshman max?
Do you take out student loans for the year or per semester?</p>

<p>-Thanks in Advance</p>

<p>bumping for help</p>

<p>When you apply for a student loan the amount has to be certified through the school. Your total FA including loans can not exceed the cost of attendance at the school. The loan will be paid direct to the school. Once all direct charges to the school are paid, any excess (if any) will be refunded to you. </p>

<p>The school does not care whether you live close by or not. The aid is based on your living situation. (COA may vary depending on whether you stated on FAFSA that you were living on campus or not). </p>

<p>Loan amounts are by year but are disbursed by semester. The max a freshman is eligible for for the school year is $5500. If you are eligible for the max, it would be disbursed hald in fall and half in spring.</p>