The Unofficial SMART Scholarship Forum

So just kind of wanted to take a poll as to what they are going to do or are doing with their money. Just let it sit there? Invest it? If so, how are you investing it?

Saving it until I graduate and then using it to pay off student loans I have accumulated prior to receiving the award.

Boring wrote:Saving it until I graduate and then using it to pay off student loans I have accumulated prior to receiving the award.

I'm not sure about all facilities, but I know at my facility (and I think it is just a government program) every year you work there, they pay back a certain amount (I remember hearing $4,000) of your loans for you. I mean the program might not still be around by the time we graduate, but just something to keep in mind.

I don't know about you but I have a cross country move in my future. My CA said that when she moved cross country that it cost her about $3,000 to get everything there. I don't have nearly as much stuff, but honestly, I'm budgeting for the worst possible moving costs. My facility couldn't offer me anything in the way of a bonus. It's good advice to plan for moving yourself

Current Participant wrote:I don't know about you but I have a cross country move in my future. My CA said that when she moved cross country that it cost her about $3,000 to get everything there. I don't have nearly as much stuff, but honestly, I'm budgeting for the worst possible moving costs. My facility couldn't offer me anything in the way of a bonus. It's good advice to plan for moving yourself

Ask your facility if awardee's are eligible for a dity move.

spending as little as possible just in case it has to repaid.