Yes, can someone please help us out here with any advice? I just received my letter of financial aid award today and I have no clue how to estimate the loan amount needed as well. I was awarded a scholarship by the school covering most of my tuition except $5000 per year. I figure on top of that I'll need a thousand or more just to cover books, supplies, health care and insurance costs. I don't think I'll need to worry about rent and food since my unemployment, which I'm still eligible to collect while enrolled in school, would cover those expenses. I'm not sure if I should accept the full amount and return whatever aid I do not use later OR reduce the loan amount on the letter now. I just don't want to have to worry about being short of funds at all. Thanks.
