Requesting More $ via GradPlus Than Eligible For

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
OscarVeal
Posts: 38
Joined: Tue Nov 20, 2012 1:48 pm

Requesting More $ via GradPlus Than Eligible For

Postby OscarVeal » Thu May 30, 2013 12:24 pm

I am wondering if anyone has experience successfully appealing for a greater amount than eligible for via Grad Plus loans and what specific arguments or supporting documents they may have provided.

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A. Nony Mouse
Posts: 22779
Joined: Tue Sep 25, 2012 11:51 am

Re: Requesting More $ via GradPlus Than Eligible For

Postby A. Nony Mouse » Thu May 30, 2013 12:43 pm

I haven't done this, but if you have expenses that bring your cost of living beyond what a school has designated as the cost of attendance, I'm pretty sure your financial aid office can adjust your loan amount. However, they have to be legitimate expenses like child care or taking care of an aged parent - wanting to live in a nicer apartment or buy a car don't count.

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jbagelboy
Posts: 9635
Joined: Thu Nov 29, 2012 7:57 pm

Re: Requesting More $ via GradPlus Than Eligible For

Postby jbagelboy » Sun Jun 02, 2013 1:13 am

Moreover, to second the above poster, there are few schools worth borrowing full price, and none worth borrowing more than full price for. Think hard about that choice




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