Simple question regarding loans

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
Adrian_8am
Posts: 46
Joined: Mon Dec 28, 2009 10:13 pm

Simple question regarding loans

Postby Adrian_8am » Wed Mar 17, 2010 12:36 am

Hey guys,

I got accepted to my dream school and I will probably pay sticker with student loans...

I did not think I was going to pay out of state tuition, and therefore did not look into student loans and how they work...

I do have good credit...

Will the school's institutional loans cover all the tuition or will I need to seek out loans with banks and other financial institutions?

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GATORTIM
Posts: 1214
Joined: Tue Jun 09, 2009 3:51 pm

Re: Simple question regarding loans

Postby GATORTIM » Wed Mar 17, 2010 12:37 am

stafford loans and then GradPlus...you should be good.

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vanwinkle
Posts: 9740
Joined: Sun Dec 21, 2008 3:02 am

Re: Simple question regarding loans

Postby vanwinkle » Wed Mar 17, 2010 12:38 am

The school should provide you with loans up to the full cost of tuition plus cost-of-living (COL) expenses.

Adrian_8am
Posts: 46
Joined: Mon Dec 28, 2009 10:13 pm

Re: Simple question regarding loans

Postby Adrian_8am » Wed Mar 17, 2010 12:41 am

Thanks...

All that will be included on the financial aid decision right (early April)?

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vanwinkle
Posts: 9740
Joined: Sun Dec 21, 2008 3:02 am

Re: Simple question regarding loans

Postby vanwinkle » Wed Mar 17, 2010 12:48 am

Adrian_8am wrote:Thanks...

All that will be included on the financial aid decision right (early April)?

It should be. You should get a notification of what loans you're receiving and for what amounts.




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