In undergrad they typically only subsidize your "cost of tuition" with loans, scholarships, grants etc. but in graduate programs they will usually subsidize your "cost of living and tuition" so assumingely, you would get enough loan money to live of…
Only downfall is that if you do not grasp the stim all they way you will be forced to re-read and at that point you might be doing double the work in which case it will not save time.