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Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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howlery
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Joined: Fri Aug 26, 2011 8:17 pm

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Postby howlery » Mon Feb 25, 2013 10:11 pm

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Last edited by howlery on Tue Feb 26, 2013 12:53 am, edited 1 time in total.

cgw
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Re: Previous grad loan effects on LS

Postby cgw » Tue Feb 26, 2013 12:46 am

http://lmgtfy.com/?q=graduate+degree+go ... an+cap&l=1

Scroll down to "How much can I borrow?" Hint: It's no where near COA. There's always private loans though.

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rinkrat19
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Re: Previous grad loan effects on LS

Postby rinkrat19 » Tue Feb 26, 2013 12:54 am

cgw wrote:http://lmgtfy.com/?q=graduate+degree+government+loan+cap&l=1

Scroll down to "How much can I borrow?" Hint: It's no where near COA. There's always private loans though.

That's just the limits on Stafford loans. Every citizen who doesn't have a bankruptcy on their record (or similarly terrible financial history) can take out the rest of COA in Grad Plus loans, which are still Federal.

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howlery
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Re: Previous grad loan effects on LS

Postby howlery » Tue Feb 26, 2013 1:12 am

rinkrat19 wrote:
cgw wrote:http://lmgtfy.com/?q=graduate+degree+government+loan+cap&l=1

Scroll down to "How much can I borrow?" Hint: It's no where near COA. There's always private loans though.

That's just the limits on Stafford loans. Every citizen who doesn't have a bankruptcy on their record (or similarly terrible financial history) can take out the rest of COA in Grad Plus loans, which are still Federal.


Yeah, I was a bit confused since I thought the above was true. My question was whether being able to take out full COA during an MA program would in any way effect being able to borrow up to COA for a professional degree afterword. But I guess not if Grad Plus can fill in the gap after the lifetime stafford cap.

Thanks for googling that for me too, cgw. Did not even cross my mind :P




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