Posts Tagged ‘Federal’
Question by chris j: Is it a federal offence to get a utilised vehicle for educational purposes with a student loan?
Is it a federal offence to get a used car for educational purposes -transportation to school only- with a student loan?
I’ve been told from my monetary workplace that if I use it for a car, it would be a federal offence…. wtf?
I’ve read this on – http://www.lawschoolloans.com/articles/student-loan-suggestions.php -
“Use student loans only for educational purposes. Making use of this income for other reasons is fraudulent and a criminal offense.”
It does not make sense, I was told I could use it for Gas, but not to get a car to transport me to the school.
Best answer:
Answer by CJ
Welcome to the Wonders of bureaucratic oversight, and huge, (useless) government.
Give your answer to this question beneath!
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