<prompt> Human: I am a first year college student and live on my own and work full time. My mom is dead and I am not in contact with my father. I was able to successfully do a dependency override and I just got my award letter today.I got the pell grant of 3,048.00 per semester and the state grant of 696.00 per semester, comes out to 7488.00 per year. This is enough for all of my school probably more. I do not have a lot of money though, I am about 1500 in debt utilizing 0 intro apr credit cards that begin accruing interest in about 10 months so I can use all the help I can get. I also have a loan on a motorcycle with 2800.00 left on the balance, I pay 130 per month for it.x200B;My award letter also offered a subsidized loan of 1750 per semester. Im thinking about taking this loan out even though I dont need it to pay off my bike and give me some extra cushion for emergenciescarrent or investing until Im done with school. It seems like a good idea because I have a long way to go before I start accruing interest on the loan. Even if Im stupid with my money and dont have enough to pay it off when I graduate I doubt this would be a life changing debt when I get a solid job im studying comp scix200B;Thoughts?x200B;Edit: Decided to take out the loan, and I probably will again next year if I get offered another subsidized one. Thanks everyone!  <response>: A lot of students take out loans for living expenses as well. I would recommend taking it to build up a cushion since it appears youre already in debt and potentially teetering on the brink of more expensive debt. Be very, very careful that you do not use this money to inflate your lifestyle in any way. If you spend your student loan money on living expenses, make sure it is on a necessity and not a desire. Keep in mind that in a worst case scenario, student loans cannot be discharged in bankruptcy. 