Limit on Stafford Loan?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
Berchild05
Posts: 10
Joined: Mon Sep 03, 2012 4:30 pm

Limit on Stafford Loan?

Postby Berchild05 » Thu Apr 11, 2013 11:48 pm

I have a full tuition scholarship but need loans for room and board, books, etc. Can I request the full 20,500 from a Stafford Loan if I wanted to? Or am I limited to only borrowing what the school has marked down in their COA's for the room and board, books, etc? If not, I don't see how I'm going to make it on their budget. Thanks for any help

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cinephile
Posts: 3469
Joined: Sun Jul 18, 2010 3:50 pm

Re: Limit on Stafford Loan?

Postby cinephile » Fri Apr 12, 2013 12:32 am

You'll use GradPlus for the rest.

And also, congrats! You're in a great position!

qwertyboard
Posts: 176
Joined: Wed Feb 06, 2013 1:03 am

Re: Limit on Stafford Loan?

Postby qwertyboard » Fri Apr 12, 2013 12:39 am

.

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Jaqen
Posts: 947
Joined: Wed Mar 21, 2012 6:23 am

Re: Limit on Stafford Loan?

Postby Jaqen » Fri Apr 12, 2013 4:13 am

You can request an increase, though you'll need a reason.




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