NPCER— Dumb Financial Aid Question

[Deleted]

I’m going to grad school in the fall. I applied for financial aid. I was awarded more money than I need for the program.

My dumb question is— do I have to take the whole amount or can I reduce the amount?

[Vespasia]

You can take a reduced amount. I was able to log on to the tuition payment site for my school and indicate how much I wanted to take.

[imojoebunny]

You can take as little as possible, and you should!

[puppylove64]

You can take less. You would want to take grants/ scholarships and anything else that doesn’t have to be paid back first. Then subsidized loans, they don’t accrue interest until you are not in school, then unsubsidized last, they accrued interest immediately