<p>should i accept all loans / subd unsubd loans/ work-study which totals 24,000 for mine in my award letter because the thing is i am not sure whether or not there will be excess, will there be? can someone help me and help analyze my situation :O</p>
<p>If there is excess, you’ll get it back, so don’t worry. There’s nothing wrong with having excess money. I’m not qualified to give financial advice, though, so I won’t comment on anything specific.</p>
<p>Workstudy is automatically accepted: it’s now up to you to find a job and earn that,</p>
<p>Take out however much money you need, there is never a need to accept all the whole offered (remember you have to pay this all back + possible interest depending on the loan). Take out the subsidized loans first, then unsubsidized.</p>
<p>Another tip is to convert your subsidized loans to workstudy funds.</p>