- Joined
- Jun 25, 2008
- Messages
- 360
- Reaction score
- 3
I took the max out first year so I could figure out if I could possibly live on less the last 3 years in school. And it is possible. It just depends on how you want to live. I live in an apartment that comes out to about $850/mo with rent, cable/internet, electricity, and water. Add in groceries, and I spend about $1000/mo. I don't know if that is high or low compared to my classmates, but I still have loan money left over in December from my first disbursement, and so I will be taking a little less out each year.