Application Question Forum

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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kalvano

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Application Question

Post by kalvano » Thu Jun 17, 2010 10:37 pm

Can I do all the Grad PLUS stuff (applying for the loan, counseling, etc.) before I accept any awards from schools?

I'm not sure yet which school I will be at, but I'd like to take care of as much as possible.
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chicagolaw2013

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Re: Application Question

Post by chicagolaw2013 » Thu Jun 17, 2010 11:04 pm

kalvano wrote:Can I do all the Grad PLUS stuff (applying for the loan, counseling, etc.) before I accept any awards from schools?

I'm not sure yet which school I will be at, but I'd like to take care of as much as possible.
I think you have to accept from each school, but my understanding is that you can cancel any loan before it is disbursed, or pay it back right away without penalty/interest.

I'm not sure though, so I hope someone else answers your question. I just remember reading something to this effect on the FAFSA website.
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