Application Question

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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kalvano
Posts: 11720
Joined: Mon Sep 07, 2009 2:24 am

Application Question

Postby kalvano » Thu Jun 17, 2010 10:37 pm

Can I do all the Grad PLUS stuff (applying for the loan, counseling, etc.) before I accept any awards from schools?

I'm not sure yet which school I will be at, but I'd like to take care of as much as possible.

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chicagolaw2013
Posts: 584
Joined: Fri Jan 16, 2009 5:16 pm

Re: Application Question

Postby chicagolaw2013 » Thu Jun 17, 2010 11:04 pm

kalvano wrote:Can I do all the Grad PLUS stuff (applying for the loan, counseling, etc.) before I accept any awards from schools?

I'm not sure yet which school I will be at, but I'd like to take care of as much as possible.


I think you have to accept from each school, but my understanding is that you can cancel any loan before it is disbursed, or pay it back right away without penalty/interest.

I'm not sure though, so I hope someone else answers your question. I just remember reading something to this effect on the FAFSA website.




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