Funding U loan proceeds can be used for anything covered under your college's cost of attendance.
The cost of attendance (COA) is not the bill that you may get from your college; it is the total amount it will cost you to go to college each year. The COA includes:
- tuition and fees
- on-campus room and board OR a housing and food allowance for off-campus students
- books & supplies
- transportation costs
It can also include other expenses like an allowance for the rental or purchase of a personal computer