They will subtract any other financial aid, such as grants, scholarships, or federal loans, from your budget when certifying your SoFi Private Student Loan.
IRS guidelines currently allow schools to certify your loan inclusive of the following expenses:
- Tuition and Fees (This includes the cost of required equipment, supplies, and materials.)
- Books and Supplies
- Miscellaneous Personal Expenses
- Personal Computer
- Room and Board