How Much More Than "Estimated Total Cost Of Attendance" ??? Forum

[sunrunner]

can one borrow each year?

[Renzo]

Depends on you. Your school will have to approve any additional borrowing, and there are federal guidelines as to what qualifies you for more.

[im_blue]

None, except possibly for dependents (spouse and/or kids), extraordinary medical expenses, or for a computer during 1L.

[sdlaw]

None, except possibly for dependents (spouse and/or kids), extraordinary medical expenses, or for a computer during 1L.

This isn't right I don't think. They allow you loans for cost of living, I thought it was something like 25,000 per year.

[CmonSD]

None, except possibly for dependents (spouse and/or kids), extraordinary medical expenses, or for a computer during 1L.

This isn't right I don't think. They allow you loans for cost of living, I thought it was something like 25,000 per year.

Cost of living in included in "total estimated cost" with most schools.

[missvik218]

None, except possibly for dependents (spouse and/or kids), extraordinary medical expenses, or for a computer during 1L.

This isn't right I don't think. They allow you loans for cost of living, I thought it was something like 25,000 per year.

COL is included in estimated total COA, it differs by school.

[Georgiana]

None, except possibly for dependents (spouse and/or kids), extraordinary medical expenses, or for a computer during 1L.

Not true

If your rent is more and you give them a copy of the lease you can get an increase. If you spend more on utilities than they say you can provide a copy and they will increase (phone + cable + internet included). You are generally allowed $1000 for documented interview expenses (new suits or travel expenses etc). You can get up to $3000 for a computer (but you can get this by just claiming you are getting a new computer). If books cost more than the budget you can get more for that. Its a pretty flexible process as long as you're willing to do the paperwork.

[op-ti]

None, except possibly for dependents (spouse and/or kids), extraordinary medical expenses, or for a computer during 1L.

Not true

If your rent is more and you give them a copy of the lease you can get an increase. If you spend more on utilities than they say you can provide a copy and they will increase (phone + cable + internet included). You are generally allowed $1000 for documented interview expenses (new suits or travel expenses etc). You can get up to $3000 for a computer (but you can get this by just claiming you are getting a new computer). If books cost more than the budget you can get more for that. Its a pretty flexible process as long as you're willing to do the paperwork.

WoW! Thanks...this is very helpful.

[Kiersten1985]

Also, you're free to take out as many private loans as you can get approved for. Your going to have a higher interest rate, though.

[CyLaw]

Also, you're free to take out as many private loans as you can get approved for. Your going to have a higher interest rate, though.

Plus, if you use private loans you can kiss most LRAP programs goodbye (and IBR).

[presh]

.

[SaintClarence27]

Also, you're free to take out as many private loans as you can get approved for. Your going to have a higher interest rate, though.

Does anyone have any links to these loans?

[TaxLaw2010]

Does anyone have any idea how long it takes for a budget appeal to be approved by the school? I submitted a budget appeal to my school at the end of last month, but I have not received an answer from them regarding approval. As for how much more I requested, I have a mortgage, so I requested an increase due to that, as well as an increase for child care expenses, purchase of a laptop computer and actual utilities that I pay for my home. The school told me 10 business days, but it has been nearly 4 weeks and I haven't received an approval yet, only a letter saying that they have received my appeal request and are reviewing it and I should hear back shortly, and that was nearly 2 weeks ago.

Any help/insight would be great! Thanks.

[TaxLaw2010]

Nevermind. Just found out today the school approved pretty much everything I asked for in the appeal. Yay!