financial aid crunch

do i take the extra loan this year?

if a year cost almost 7000$
and without taking ANY loans i'm being offered 10,861.


i currently owe 8000$ in debt right now from loans.

10861-7000 = 3861.... lets take another 500 out for wiggle room.
thats 3361.... devide by semester
1,680.5 -> thats what comes back to me

so lets say 1600.

if i put 600 in my savings thats 1000 for me to use.

hopefully i'll be smart and save it well..... and use it for study abroad.

and add no more debt.

BUT that doesn't include books.....
so lets say i spend 200 a semester on books. thats 1200. 600 to use and..... yeah.


IF i were to take the extra loan?
thats: 16361
minus tuition - 7500
thats 8861
divided by semester:4430.5 - > thats what comes back to me.

if i put 2000 in savings for BB (bed and breakfast)
that puts 2430 in my pocket each semester.
put 430 in my credit union savings account
leaving me 2000 directly in my account

i could use this to finally fix my car ($500+)
help mom pay off some credit card debt.... (i'd loan her maybe $300)
study abroad (????)

but then my debt would be 8000 + 5500 = 13500

and i just don't know.....