SMU 2010!

Share Your Experiences, Read About Other Experiences. Please keep posts organized by school and expected year of graduation.
Saurus
Posts: 20
Joined: Mon Dec 28, 2009 12:54 pm

Re: SMU 2010!

Postby Saurus » Wed Mar 31, 2010 10:23 am

chrisokc wrote:
Saurus wrote:I was just curious about student loans through the school, I was given scholarship money (20,000/year) and I've already submitted my FAFSA (before April 1st, so I have priority consideration), but I'm not entirely clear on how the award amount works.... for example, does the school usually award enough in loans to cover the cost of admission? What are the award amounts based on? I'm pretty clueless on this issue, any insight would be appreciated.

Anyone can borrow up to $20,500 made up of subsidized and unsubsidized Stafford loans. You can borrow the difference between the $20,500 and total cost of attendance through Grad PLUS loans.


So.... is the $20,500 the total amount of subsidized and unsubsidized Stafford loans, or is that per year? Also, what are the qualifications to be eligible for a Grad PLUS loan?

Saurus
Posts: 20
Joined: Mon Dec 28, 2009 12:54 pm

Re: SMU 2010!

Postby Saurus » Wed Mar 31, 2010 10:24 am

kalvano wrote:How long once the FAFSA is submitted to hear back?

They will start sending out award amounts after June 1st

chrisokc
Posts: 688
Joined: Wed Mar 04, 2009 2:43 pm

Re: SMU 2010!

Postby chrisokc » Wed Mar 31, 2010 10:28 am

Saurus wrote:
chrisokc wrote:
Saurus wrote:I was just curious about student loans through the school, I was given scholarship money (20,000/year) and I've already submitted my FAFSA (before April 1st, so I have priority consideration), but I'm not entirely clear on how the award amount works.... for example, does the school usually award enough in loans to cover the cost of admission? What are the award amounts based on? I'm pretty clueless on this issue, any insight would be appreciated.

Anyone can borrow up to $20,500 made up of subsidized and unsubsidized Stafford loans. You can borrow the difference between the $20,500 and total cost of attendance through Grad PLUS loans.


So.... is the $20,500 the total amount of subsidized and unsubsidized Stafford loans, or is that per year? Also, what are the qualifications to be eligible for a Grad PLUS loan?

Per year. The key qualification for Grad PLUS is no adverse credit items within the past five years. You don't need to have good credit.

Saurus
Posts: 20
Joined: Mon Dec 28, 2009 12:54 pm

Re: SMU 2010!

Postby Saurus » Wed Mar 31, 2010 10:45 am

chrisokc wrote:
Saurus wrote:
chrisokc wrote:
Saurus wrote:I was just curious about student loans through the school, I was given scholarship money (20,000/year) and I've already submitted my FAFSA (before April 1st, so I have priority consideration), but I'm not entirely clear on how the award amount works.... for example, does the school usually award enough in loans to cover the cost of admission? What are the award amounts based on? I'm pretty clueless on this issue, any insight would be appreciated.

Anyone can borrow up to $20,500 made up of subsidized and unsubsidized Stafford loans. You can borrow the difference between the $20,500 and total cost of attendance through Grad PLUS loans.


So.... is the $20,500 the total amount of subsidized and unsubsidized Stafford loans, or is that per year? Also, what are the qualifications to be eligible for a Grad PLUS loan?

Per year. The key qualification for Grad PLUS is no adverse credit items within the past five years. You don't need to have good credit.[/quot

Excellent, thanks for the info.

chrisokc
Posts: 688
Joined: Wed Mar 04, 2009 2:43 pm

Re: SMU 2010!

Postby chrisokc » Wed Mar 31, 2010 10:52 am

Of course, this is just based on my understanding. No guarantees.

da87
Posts: 241
Joined: Fri Jan 29, 2010 12:50 pm

Re: SMU 2010!

Postby da87 » Wed Mar 31, 2010 12:45 pm

I noticed that a lot more people have withdrawn from SMU on LSN. I know that is in no way representative of how many people in reality have withdrawn or sent in seat deposits, but here's to hoping that a lot of people withdraw to make more room for those of us still waiting on decisions. :)

chrisokc
Posts: 688
Joined: Wed Mar 04, 2009 2:43 pm

Re: SMU 2010!

Postby chrisokc » Wed Mar 31, 2010 12:50 pm

da87 wrote:I noticed that a lot more people have withdrawn from SMU on LSN. I know that is in no way representative of how many people in reality have withdrawn or sent in seat deposits, but here's to hoping that a lot of people withdraw to make more room for those of us still waiting on decisions. :)

Looks like those Ws alone total about a half-mil of scholarship money.

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Sangiovese
Posts: 206
Joined: Mon Dec 28, 2009 2:38 pm

Re: SMU 2010!

Postby Sangiovese » Wed Mar 31, 2010 12:56 pm

chrisokc wrote:
da87 wrote:I noticed that a lot more people have withdrawn from SMU on LSN. I know that is in no way representative of how many people in reality have withdrawn or sent in seat deposits, but here's to hoping that a lot of people withdraw to make more room for those of us still waiting on decisions. :)

Looks like those Ws alone total about a half-mil of scholarship money.


Good. Maybe they will toss 5K per year my way! It sure would go a long way toward being able to pay the bills AND tuition...

And I would feel like much less of a scrub if I didn't have to say, "I paid sticker" for law school :P

da87
Posts: 241
Joined: Fri Jan 29, 2010 12:50 pm

Re: SMU 2010!

Postby da87 » Wed Mar 31, 2010 1:04 pm

chrisokc wrote:
da87 wrote:I noticed that a lot more people have withdrawn from SMU on LSN. I know that is in no way representative of how many people in reality have withdrawn or sent in seat deposits, but here's to hoping that a lot of people withdraw to make more room for those of us still waiting on decisions. :)

Looks like those Ws alone total about a half-mil of scholarship money.


Exactly :)

keg411
Posts: 5935
Joined: Tue Apr 21, 2009 9:10 pm

Re: SMU 2010!

Postby keg411 » Wed Mar 31, 2010 1:14 pm

Hopefully it means more acceptances soon :) :) :).

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Bustang
Posts: 439
Joined: Wed Jun 10, 2009 4:26 pm

Re: SMU 2010!

Postby Bustang » Wed Mar 31, 2010 5:15 pm

keg411 wrote:Hopefully it means more acceptances soon :) :) :).


*crosses fingers*

Review my damn file, again!!

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bass08
Posts: 118
Joined: Wed Dec 17, 2008 12:54 am

Re: SMU 2010!

Postby bass08 » Wed Mar 31, 2010 5:38 pm

Just paid the first half of my seat deposit.

Hope to see you all this fall :) (I'll be in the PT program).

HBK
Posts: 493
Joined: Mon Apr 13, 2009 12:29 pm

Re: SMU 2010!

Postby HBK » Wed Mar 31, 2010 5:40 pm

Just put down my deposit too.

atfarmer
Posts: 62
Joined: Wed Feb 17, 2010 1:11 am

Re: SMU 2010!

Postby atfarmer » Wed Mar 31, 2010 11:24 pm

Does SMU have an under review status? I've been file complete for over a month now...

Katherine
Posts: 66
Joined: Sun Sep 27, 2009 1:42 pm

Re: SMU 2010!

Postby Katherine » Thu Apr 01, 2010 9:56 am

Nope. I've been complete since January. The complete date will just update at some point whenever decisions are coming out.

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SpencerPratt
Posts: 319
Joined: Sat Oct 04, 2008 6:33 pm

Re: SMU 2010!

Postby SpencerPratt » Thu Apr 01, 2010 10:12 am

bass08 wrote:Just paid the first half of my seat deposit.

Hope to see you all this fall :) (I'll be in the PT program).


I'm with ya. First 1/2 paid for PT. Hope to see some of the PT'ers down in May.

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justcap
Posts: 74
Joined: Sat Dec 12, 2009 11:39 pm

Re: SMU 2010!

Postby justcap » Thu Apr 01, 2010 12:03 pm

I just declined my acceptance to open up a seat for one of you guys. Good luck to you all at SMU!

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mcflooter06
Posts: 263
Joined: Tue Oct 06, 2009 2:33 pm

Re: SMU 2010!

Postby mcflooter06 » Thu Apr 01, 2010 12:05 pm

Withdrew with a good deal of money today. Good luck to everyone still waiting!

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Bustang
Posts: 439
Joined: Wed Jun 10, 2009 4:26 pm

Re: SMU 2010!

Postby Bustang » Thu Apr 01, 2010 12:25 pm

Thank you guys for withdrawing!

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Thirteen
Posts: 23929
Joined: Mon Dec 07, 2009 4:53 pm

Re: SMU 2010!

Postby Thirteen » Thu Apr 01, 2010 12:59 pm

fathergoose wrote:Just paid both deposits. Looks like I'll be in Dallas in the fall.

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wellington
Posts: 136
Joined: Sun Feb 21, 2010 6:09 pm

Re: SMU 2010!

Postby wellington » Thu Apr 01, 2010 5:11 pm

I've withdrawn from my other acceptances. Barring any unforeseen events, I'll see you guys at SMU (FT) this fall.

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utcris410
Posts: 469
Joined: Sat Aug 08, 2009 5:37 pm

Re: SMU 2010!

Postby utcris410 » Thu Apr 01, 2010 6:08 pm

Will withdraw soon, with money (tonight if I get a chance).

chrisokc
Posts: 688
Joined: Wed Mar 04, 2009 2:43 pm

Re: SMU 2010!

Postby chrisokc » Thu Apr 01, 2010 6:13 pm

Here's one for you Dallas residents: which electric company is the best (least expensive) option?

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fixer
Posts: 64
Joined: Fri Jan 08, 2010 12:20 pm

Re: SMU 2010!

Postby fixer » Thu Apr 01, 2010 10:35 pm

chrisokc wrote:Here's one for you Dallas residents: which electric company is the best (least expensive) option?


I am pretty sure Texstar is the cheapest.

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FunkyJD
Posts: 1039
Joined: Tue Dec 22, 2009 3:38 pm

Re: SMU 2010!

Postby FunkyJD » Thu Apr 01, 2010 10:38 pm

utcris410 wrote:Will withdraw soon, with money (tonight if I get a chance).

Wow, nice offer at BU. Is that your top choice (until Columbia/Cornell come through)?




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