Question About Signing Promissory Notes Forum

[kalvano]

I got an email from Wake with the link to the website where I have to do counseling (what a joke), and sign the notes. Also a form to fill out and email back about how much I want to borrow.

However, I am still not sure if I will be able to attend Wake. Should I go ahead and sign the notes, or wait?

[andreea7]

I got an email from Wake with the link to the website where I have to do counseling (what a joke), and sign the notes. Also a form to fill out and email back about how much I want to borrow.

However, I am still not sure if I will be able to attend Wake. Should I go ahead and sign the notes, or wait?

Find out the deadline for doing the loan stuff and if you are not sure wait. At any rate, you can cancel the loans if I recall correctly. But also for the gradplus loans I believe the approval based on your credit check is valid only for a while. My school advised to wait applying for that loan until June 15.

[Bert]

I got an email from Wake with the link to the website where I have to do counseling (what a joke), and sign the notes. Also a form to fill out and email back about how much I want to borrow.

However, I am still not sure if I will be able to attend Wake. Should I go ahead and sign the notes, or wait?

I would hold off on actually signing the promissory notes until you are ready to commit to the school. If you need to, set up your counseling and set everything up, but I wouldn't sign the promissory notes until the last possible second.

[wreckem]

I got an email from Wake with the link to the website where I have to do counseling (what a joke), and sign the notes. Also a form to fill out and email back about how much I want to borrow.

However, I am still not sure if I will be able to attend Wake. Should I go ahead and sign the notes, or wait?

If you aren't sure you are going with Wake. Do NOT SIGN THE MPN. Wait until you decide. The loans will be there and disbursed to you in the same time frame either way. Signing and MPN and later changing your mind creates unnecessary work for you.

[kalvano]

I'm definitely going to a school. I just didn't know if signing was school-specific or not.


Thanks.