I’m going to be starting my first semester in a graduate program that will take me three years to complete.

After applying my scholarship funds for this semester, my remaining tuition will be $12k per semester. Student Loans are around 6%, with interest accruing immediately.

I have currently have a 401K with around $14k saved. I am in my mid 20s and will hopefully be back to work after this program.

1. Is it possible to roll this over to an IRA and take a withdrawal from the IRA to pay my first semesters tuition, all while avoiding any penalties for early withdrawal?
2. Is this the best way to do this?
3. Is it even a good idea to touch this money?

It’s 1 semester out of 6 total, but that would be $12k less I’d have to pay to borrow.

Thanks.