09.05.08 | How can I get a graduate loan on my own?
“My Mom and Dad won’t help me pay for graduate school, what options do I have?” When this happens, and the ball is thrown back in your court, you need to have a game plan.
The two federal loan staples, as it pertains to graduate loans, are the Graduate Stafford and Graduate Plus loans. Both require the completion of the FAFSA and both are fixed interest rates.
The Graduate Stafford loan is a need based loan. Your Expected Family Contribution (EFC) number goes a long way in determining how much you are awarded. You may qualify for up to $20,500. The Grad Plus loan is based on the past two years of your credit history. Please note that credit history is different from credit score. Credit history looks to see if you’ve been on time with any bills in your name. If you have been in good standing with your various payments than you will not need Mom and Dad.
Another benefit of taking out federal stafford and grad plus loans is that you can consolidate them together after you graduate school.
So tell Mom and Dad, thanks anyway, but I’ve got my own back on this one.
I still do not believe African students have the opportunity for tuition waivers.
Thank you
September 10th, 2008 | #
I am forange graduate pharmacy student I am elegible for my naplex exam , I have been working in hospital about 7 year I need student loan for 2 years to get my pharmacist licence study ,working full and taking care of family at same time is really hard , I need loan for 2 years to cover my expence and I can study full time any advice appreciated.
November 7th, 2008 | #