<prompt> Human: I will be receiving roughly 4500 dollars per semester in financial aid this year. My classes are around 980 and my books will probably add up to 100 dollars which leaves a significant amount left, which gets refunded to me on this bank account thing the school is affiliated with. Does the government track what I am spending this money on, making sure it goes to living expenses or school related things or could I theoretically invest some of it and try to make some money off of that money? Assistant: Assuming youre in America, no they will not track what you use the money for. I got back about 3k from college every quarter. I blew thru it all in the first 2 months, always. Please dont do this. Are you taking out loans? If you are, save as much as you can, so you can have money to pay back the loans after graduating.If youre not taking loans, have a little fun with the money. The govt doesnt care what youre doing with it.Human: I am indeed taking out loans and have no plans for spending it on like stuff. However I was considering investing it maybe in the stock market or something and seeing if I can make money off of that money.  <response>: Please just give the money back. Thats an instant return on your money, likely to be larger than you could get on the market anyway. What are you borrowing at? 8? 5? Theres an instant return with absolutely no risk. 