Riding School A Waitlist.Should I accept fed loans @SchoolB?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
aPosseAdEsse
Posts: 182
Joined: Thu Jan 28, 2010 6:19 am

Riding School A Waitlist.Should I accept fed loans @SchoolB?

Postby aPosseAdEsse » Thu May 27, 2010 5:37 pm

In other words, if School A ends up accepting me off its waitlist, is there any reason I'll regret clicking "accept" for the federal stafford & Grad PLUS loans offered from School B? Aren't they the same federal loans anyway?

Thanks in advance for your input.

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robin600
Posts: 1583
Joined: Wed Dec 31, 2008 3:07 pm

Re: Riding School A Waitlist.Should I accept fed loans @SchoolB?

Postby robin600 » Fri May 28, 2010 5:58 pm

Why would school A give you loans if you don't attend. Accepting is contingent upon attendance, meaning they don't pay you until you enroll.




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