Can I transfer Stiudent loan to another school? 10 pts best answer?

Ok I was wondering if I can transfer my loan student from one institution to another less expensive in the same city, without losing the loan money, or what I have to take a new loan for the same amount?

When you transfer schools you need to go for a correction to your FAFSA and the addition of new school. Depending on the amount of the new school says it costs to attend, you may lose money but would still be enough to go at school.