If you're going to try and argue reality then you've already lost. The reality is that neither Maya or her Father would ever touch the money from the loan, it would be turned over directly to B&R. If the Father withdraws the loan for future semesters then Maya has lot's of options, first she could just drop out and leave her Father on the hook for the first semester loan. She can then apply for a loan of her own, look around for a real scholarship, or enlist for a term in the Armed Forces (where she'll get paid for three years, get her discharge and then have a G I Bill).
Also most banks only negotiate the loan ONE TIME even though they may pay it out by semester, they're still sending the check to the school, not Maya or her Father.