If I get tuition fee waivers or scholarships, can that reduce the loan amount needed?
06 Aug 2026 · Answered by Swastika Ghosh · 1 min read
Yes, tuition fee waivers or scholarships directly reduce the amount you need to pay for your education, so they will lower the loan amount you require.
The more financial aid you receive, the less you need to borrow, which can make your loan repayment easier after your studies.
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