I'm a Current M2 and would strongly advise you to have a laptop. Even though most lectures are recorded, there are a handful that aren't. We have required small group case-based studies and other activities that require participation and are not recorded. Further, lectures are generally pretty quick paced and have a lot of slides...it's not really feasible to take all of your notes on pen and paper. I know some people who take little bullet point "buzzwords" on paper, but type their real notes on their laptops. Last and most important: All exams and quizzes are taken on your laptops in class. While I guess it's possible to rent a computer from the library for every quiz and exam, it's probably not worth the hassle considering how many times you would have to do it.
In short, go ahead and bring your desk top, but it's pretty much a requirement to have a laptop for daily use in class. Financial aid should have some bucks in there that will cover a new laptop.
Hope this helps!
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