cafloyd12 wrote:wellington wrote:cafloyd12 wrote:Wait a sec guys...are you serious? So the 10k is not less our scholarship? I was thinking that maybe the gradplus estimate was pre-subtracting our scholly amount from cost of living. If we are getting 10k more than the estimate I am going to be golden. I've already got my apartment and I've budgeted for 12 months under the estimated cost of living...
Same here. My wife was stressing about scoring a decent enough job so that we won't be living month to month on the col loans. If this extra dough holds true, things will be much more comfortable (and, ya know, maybe I could focus on law school instead of bills).
Absolutely. If what they told Chris was correct, then we've got nothing to worry about. They said we can expect to receive the amount we accepted. That's pretty straightforward. And all of the sudden I feel like the world has been lifted from my shoulders. *high fives all around*
Only drawback is the additional debt we will be taking on. But in my opinion, well worth it not to penny pinch and stress about finances. Plus, the estimated cost of living was extremely modest anyway for Dallas. I know we are supposed to be frugal and live very conservative but SMU's estimate was well below poverty. Haha.
Edit: Additionally, we have the option to give back any amount we do not use or need at the end of the semester or year to lower the principal.