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I was wondering what student loans can I get from financial aid (I was approved for the pell grant) One that I don't have to pay back until I'm done with college? I need one for living expenses

Ok so it says my Total Budget is 21,750 + Federal Pell Grant for 5430 (My tuition and fees is under 4,500) So if there is 3 semesters does that mean I'll receive $7250 per semester? $2416 a month? I was wondering how that's possible, isn't that a little much for a single person? Thats like...