Fordham Law School Class of 2012 Memories Forum

[jrock12]

has anyone embarked on the GradPlus process yet?

No. Is there a deadline of when this needs to be done? (How irresponsible of me...)

ha...nah, i dont think so...i assume we have through july to do it...but i've just been on cruise control for the past few months and would like to get some of this stuff hammered out

[jrock12]

Haven't done anything about GradPlus since Fordham released the new COA just last week. I'll be starting the process soon.

I think the fact we need to go through HESC is annoying.

just entertain me since i am not too familiar....why is that annoying?

[geoanthem]

What is Gradplus?

[sentinal5656]

What is Gradplus?

really?

[geoanthem]

What is Gradplus?

really?

Really. Is it for loans? I guess I am not familiar with it since I don't have to take out any loans.

[jrock12]

What is Gradplus?

really?

Really. Is it for loans? I guess I am not familiar with it since I don't have to take out any loans.

yea it basically fills the gap between federal stafford loans and total COA

[geoanthem]

What is Gradplus?

really?

Really. Is it for loans? I guess I am not familiar with it since I don't have to take out any loans.

yea it basically fills the gap between federal stafford loans and total COA

Ok, thanks. I didn't want to come off badly. I just wanted to make sure it wasn't something I needed to be working on.

[sentinal5656]

What is Gradplus?

really?

Really. Is it for loans? I guess I am not familiar with it since I don't have to take out any loans.

Sorry, haha.

Everyone gets the standard Stafford loans. That will equal in some combination of unsubsidized and subsidized, $20,500. That typically never covers the full cost of tuition and living. Therefore, students need something called "GradPlus" loans to fill the GAP. These are loans you receive via a private lender. The limit is the full cost of tuition. Here a formula:

Scholarship + Stafford + GradPLus = Cost of Attendance (Tuition + Living)

If your scholarship is massive, then you might not need Stafford loans or GradPlus loans. You only go to GradPlus loans when your Stafford loans and your Scholarship cannot cover the cost. The reason for this is because the GradPlus loans have a higher interest rate.

I hope this helps. Let me know if there are any other questions.

[jrock12]

sentinal have gotten started on applying for gradplus?

[sentinal5656]

sentinal have gotten started on applying for gradplus?

nope not yet. I wonder when this has to be done by....

[Dasein]

For those of you going to Fordham PT, what is your status as it concerns Fafsa? 3/4 time or half time?

Will being part time status preclude me from borrowing the maximum 20,500 in stafford loans?

Thanks!

[OperaSoprano]

For those of you going to Fordham PT, what is your status as it concerns Fafsa? 3/4 time or half time?

Will being part time status preclude me from borrowing the maximum 20,500 in stafford loans?

Thanks!

I believe we are 3/4 time. (Wow, that sounded unintentionally musical!) As far as I know, we can still take out the max loan amount. I'm still learning about the process, since I didn't have any loans for undergrad.

[sentinal5656]

Does anyone know what the likelihood of finding a 4BR is?

[the fledgling]

has anyone embarked on the GradPlus process yet?

No. Is there a deadline of when this needs to be done? (How irresponsible of me...)

ha...nah, i dont think so...i assume we have through july to do it...but i've just been on cruise control for the past few months and would like to get some of this stuff hammered out

So I had an email exchange with the financial aid office today and they informed me that loans will be dispersed to us 3 days before classes. The calendar also says that we should complete the Master Promissory Note for loans in July(ish).

HESC also told me it takes about 10-15 minutes to complete the eMPN for GradPlus and then they aren't finalized until Fordham finalizes them (which is annoying to me). I'll probably get around to completing the eMPN this week.

[silenziatori]

Haven't done anything about GradPlus since Fordham released the new COA just last week. I'll be starting the process soon.

I think the fact we need to go through HESC is annoying.

just entertain me since i am not too familiar....why is that annoying?

I take it back. It isn't annoying in itself. I went through the Access Group MPN process a while back and stopped when I realized I was applying for loans for Temple. Now I just have to fill the exact same forms through HESC.

Don't know if this is up to date or not, but here is Fordham's list of preferred lenders. Based only on the lenders included in the list, it would appear Citibank would be the way to go because of the repayment based interest rate reductions.

I don't know if this list is exhaustive, but if someone starts the HESC process, can you post a complete list of available lenders?

[OperaSoprano]

Hey, did you guys see this?

--LinkRemoved--

<3 Optimists. <3 Fordham!

[silenziatori]

I really hope 3/4 of the comments on ATL are not coming from actual lawyers.

I like their part to whole fail:

By comparison with the other schools in the survey, the salaries for the Fordham kids look pretty sweet. But compared to other law schools.... eek!

[jrock12]

For those of you going to Fordham PT, what is your status as it concerns Fafsa? 3/4 time or half time?

Will being part time status preclude me from borrowing the maximum 20,500 in stafford loans?

Thanks!

I believe we are 3/4 time. (Wow, that sounded unintentionally musical!) As far as I know, we can still take out the max loan amount. I'm still learning about the process, since I didn't have any loans for undergrad.

just for clarification purposes, you are considered full time for FAFSA purposes...i, too, was confused about this so i did confirm it with fordhams financial aid office

[jrock12]

Haven't done anything about GradPlus since Fordham released the new COA just last week. I'll be starting the process soon.

I think the fact we need to go through HESC is annoying.

just entertain me since i am not too familiar....why is that annoying?

I take it back. It isn't annoying in itself. I went through the Access Group MPN process a while back and stopped when I realized I was applying for loans for Temple. Now I just have to fill the exact same forms through HESC.

Don't know if this is up to date or not, but here is Fordham's list of preferred lenders. Based only on the lenders included in the list, it would appear Citibank would be the way to go because of the repayment based interest rate reductions.

I don't know if this list is exhaustive, but if someone starts the HESC process, can you post a complete list of available lenders?

so we have to go through HESC on gradplus as well? i guess i'm just confused because i signed the MPN through HESC for Stafford, but didnt know HESC played a role in gradplus as well...i literally thought you researched a lender on your own (i'm hearing wells fargo seems to be playing out as the best option)

[geoanthem]

Hey, did you guys see this?

--LinkRemoved--

<3 Optimists. <3 Fordham!

Good find Opera. Look at those salary numbers compared to NYU and Columbia Not saying they are accurate, but how did they find choose the Fordham grads as compared to Columbia and NYU grads?

[Bankhead]

Hey, did you guys see this?

--LinkRemoved--

<3 Optimists. <3 Fordham!

Good find Opera. Look at those salary numbers compared to NYU and Columbia Not saying they are accurate, but how did they find choose the Fordham grads as compared to Columbia and NYU grads?

Why did they say that the salary numbers weren't good compared to other law schools?

[geoanthem]

Hey, did you guys see this?

--LinkRemoved--

<3 Optimists. <3 Fordham!

Good find Opera. Look at those salary numbers compared to NYU and Columbia Not saying they are accurate, but how did they find choose the Fordham grads as compared to Columbia and NYU grads?

Why did they say that the salary numbers weren't good compared to other law schools?

I don't think they are half bad at all, considering the way the economy looks right now

[Bankhead]

Hey, did you guys see this?

--LinkRemoved--

<3 Optimists. <3 Fordham!

Good find Opera. Look at those salary numbers compared to NYU and Columbia Not saying they are accurate, but how did they find choose the Fordham grads as compared to Columbia and NYU grads?

Why did they say that the salary numbers weren't good compared to other law schools?

I don't think they are half bad at all, considering the way the economy looks right now

Seriously. Plus, it was an unofficial number based on what... 20 grads?

[let/them/eat/cake]

Dinos has pretty much ended my cycle lol see you all in the fall.

at what point will I be remiss for not having figured out housing? i figure, it's new york, it's about at least a month too early to start looking right now isn't it?

[geoanthem]

Dinos has pretty much ended my cycle lol see you all in the fall.

at what point will I be remiss for not having figured out housing? i figure, it's new york, it's about at least a month too early to start looking right now isn't it?

I would say so. They normally want you to move in within two weeks. I would start looking earlier because realtors and leasing offices usually have an idea of what is going to become available and when. Our realtor made sure we were the first person she called when a certain apartment became available.