The act of receiving financial aid money and grants from the college or university you go to and spending it on stuff other than school.
Joe: Tim, Do you want to go the the bar tonight?
Tim : Sure With Who?
Joe: Me and Dj
Tim: I thought Dj was poor?
Joe: Nahh, Hes got that College Wealth now.
© 1999-2015 Urban Dictionary ®
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