Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
3 posts • Page 1 of 1
- Posts: 890
- Joined: Sun Oct 18, 2009 3:09 pm
Stupid question, but if you are pursuing PI, do you qualify for the IBR as well as your school's loan repayment assistance program - or just one or the other? For instance, if I attend Chicago for PI, do I gain the benefits of both the IBR and their Hormel program, or do I need to select one to apply for?
- Posts: 1054
- Joined: Thu Apr 24, 2008 12:36 pm
my understanding leads me to think that ibr will set your monthly payment to a certain amount (according to your income) and then a certain percentage of that monthly payment is covered by lrap (also according to your income)
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