Financial aid (grant/scholarship/loan) is credited directly to a student's tuition account on CAESAR. If the total amount of credits exceed the total amount of charges, a refund may be issued to the student. The refund money may be used for items such as books, supplies, personal expenses and room/board.
The maximum financial aid allowance for housing/ulitilies/food at Feinberg is $1,670 per month. It is not always necessary to borrow the maximum allowance, some students reduce their expenses by finding roommates or living outside of Streeterville.