<prompt> Human: Good morning Reddit,Background: I had been going to school on the Post 911 GI Bill, but my benefits ran out. I was informed by my VA office there is no way I can get an extension to finish my senior year of college which I start next week.I applied for a Parent PLUS loan, but was denied. I appealed, and was awarded a 2500 pell grant. My tuition is 12,500 and I still owe 10,000. I have 11,000 in my bank account. I plan to pay my tuition out of pocket leaving me with 1,000 left over.That being said, I want to take out a Discovery Loan for 10K at an 11 interest rate to live off have as financial security while I finish college. My GI Bill gave me a BAH of 1,800 monthly and I make around 1,300 a month at my part time job at school. I enlisted into the Marine Reserves when I finished my active duty contract. I make around 200-450 monthly with them. Without my GI Bill, my only income is the 1,300 a month. plus my Reserve pay. I want this loan to have financial security and money to live off of.My bills are:RentUtilities: 550Car: 357PhoneInternet: 100Credit Card: 60I finished an internship this summer and was offered a job at the firm making 64,500 base plus an 8,000 sign on with 5,000 annual bonus. After I graduate I plan to move home with my parents which will eliminate my 550 rent and cheapen my cost of living. I dont plan to spend the whole 10,000 this next year at school either. Once I start my full time job in June I plan to put my sign on bonus directly towards the loan and pay off the rest at 500 a month. Can anyone confirm if I am making a mistake or if this is a safe decision?  <response>: I mean, its not ideal but its not a mistake. Especially if you have an offer for 64,500 after you finish college. 