I recently lost my job a few months back. Let’s say I use the GI bill/VRE this fall to go back to school, along with FAFSA. I qualify for about 12k in fafsa direct loans(and hopefully some pell grant after the school re calculates my new income(or lack there of now)). I understand that the 12k goes directly to the school first, but the GI bill should cover 100% of it. So the 12k should come back to me as a refund.
Is the 12k essentially “free money” that I can use to cover living expenses and surviving during school since TPD can discharge them after I’m done with school? Is this all legal?
I want to do this all legally without feeling weird about it. Thank you in advance!