Student Loan Monies

[backwardsbike]

Hi Soc,

All parties in PA.  Custody and CS order also in PA.  

I am a returning adult student adn will be attending graduate school.  i have been awarded several thousand dollars in student loans.  I wanted to use some of the money to pay off some credit card debt which I have accrued.

Questions:

If I accept the loan monies will it be considered income for child support purposes?

If the above is yes, would I have to pay support on the money even though I had to pay it out almost immediately to keep from going bankrupt?

[socrateaser]

>Questions:
>
>If I accept the loan monies will it be considered income for
>child support purposes?

A loan is not income. A grant/scholarship is income.

>If the above is yes, would I have to pay support on the money
>even though I had to pay it out almost immediately to keep
>from going bankrupt?

irrelevant.

[backwardsbike]

What a releif! You Rock, Soc.  Thanks!