[Sky O]

I will be entering grad school in August. I qualified for $60,000 in student loans (appr. 40k tuition and 20k living expenses). I was then given a full scholarship. Can I still take out the loans? Then take out a mortgage and use the loans to pay the down payment and the monthly payment. This way I wont have to take out loans to pay rent for three years. After three years, sell the house and use the $ to pay back the loan? I'll be taking out loans to pay for housing anyway. but instead of taking out loans to throw away into rent for three years, can I take out a little more (actually the same amount as i previosuly thought, but now that money is freed up from the scholarship) to buy a house?I could, of course, decrease the amount of loan i am requesting to borrow and just pay rent (in light of this scholarship). but do I have to?