My income

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
turnerr

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Joined: Sat May 30, 2009 2:23 pm

My income

Postby turnerr » Mon Feb 22, 2010 7:43 pm

me and my wife together earn about 85k per year. I earn 70k myself. we do have a child. will this affect the amount of money I can borrow through a stafford/gradplus loan? I'm only looking to borrow upto the cost of attendence.

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im_blue

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Joined: Sun Apr 12, 2009 3:53 am

Re: My income

Postby im_blue » Tue Feb 23, 2010 3:23 am

Since you have a family, you can most likely borrow more than full COA. You might not get subsidized Stafford the first year, but that's about the effect of your income.



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