Student loans can be taken out, but what is taken out is the remaining funds after paying the tuition and accommodation fees of the borrowing students. After the loan is issued, the student loan will first go to the school, and the school will transfer the remaining funds to the borrower after deducting the relevant learning expenses. The remaining funds are generally used for the borrower's living expenses and can be freely taken.

When it comes to applying for loans, many credit loan products will indicate that students at school cannot apply. In fact, there are student loans specifically for students. As long as students can meet the relevant requirements of student loans, they can apply for loans. Can I use the extra money from the student loan myself? How can I get extra student loans? Let's have a look.

1. Can I use more student loans for my own purposes?

Student loan is an important measure for colleges and universities to help poor students complete their studies smoothly. Borrowing students can apply without providing loan guarantee and mortgage, and the threshold is not high. The interest during school is fully subsidized by the government, so students can study with peace of mind.

The funds for student-origin student loans are provided by the National Development Bank. The maximum loan amount for undergraduates with financial difficulties is 8000 yuan, and the maximum loan amount for postgraduates is 12000 yuan. Loan funds are generally distributed to the borrower's student loan Alipay account through Alipay platform, and the school will automatically deduct tuition fees.

According to relevant data, the funds of student loans can be used for various expenses of students during their school days. Therefore, after deducting tuition fees, there is still extra money in the student loan, which students can arrange and use by themselves.

2. How to get extra student loans?

If it is a student loan, the extra money will generally stay in the Alipay account of the borrower. Borrowing students only need to complete real-name authentication, and they can withdraw cash to their bank cards. After graduation, students need to calculate the interest on the loan, and the repayment of the loan will also be displayed in the credit report. Five years before graduation, you can choose to pay only interest, not principal, to reduce the pressure of repayment.

The above is about "Can I spend more money on student loans?" You can use the extra money yourself, but remember to spend it reasonably. Once you graduate, you need to remember to pay back on time.