college Loan

Salam everyone, so basically I have this scholarship where they want me to take a small loan out to pay for my college however once I’m done they pay the loan and everything back so I won’t be paying it. Reason is because they get a very very small interest rate when they do. Making it close to what I used. Is it still haram and shouldn’t do it because I’m not paying nothing and technically it’s still just a scholarship paying for my tuition? 
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