Opt4theBest Posted February 20, 2016 Share Posted February 20, 2016 Hi everyone! I'm applying for a masters program and considering to take out the Graduate Plus Loan to cover both my tuition and living expenses (housing, transport, etc) during the next 2 years of studies. However, I do not know as to when and how to start the process. I wonder if anyone has ever experienced or applied for this type of loan before. FYI - I applied for FAFSA in January and I believe that is the first step. Am I right? Thank you so much! Link to comment Share on other sites More sharing options...
Bschaefer Posted February 24, 2016 Share Posted February 24, 2016 You should qualify to take out regular loans before the graduate Plus loans. At least I had that choice. I would check to see what is available and go from there. Otherwise, I would also see if there are funding opportunities in your dept. or other depts. because you will rack up immense debt living in the Bronx/NYC Lincoln center area (Sorry I can't remember which campus houses which). Opt4theBest 1 Link to comment Share on other sites More sharing options...
Opt4theBest Posted February 25, 2016 Author Share Posted February 25, 2016 Thank you so much Bschaefer. Yes, I am qualified for regular loans. Bschaefer 1 Link to comment Share on other sites More sharing options...
Bschaefer Posted March 12, 2016 Share Posted March 12, 2016 No problem! Sorry - I'm just seeing this now. The regular loans have a significantly reduced interest rate compared to the Grad Plus Loans too. I forgot to mention that! Opt4theBest 1 Link to comment Share on other sites More sharing options...
Phallosopher Posted July 24, 2017 Share Posted July 24, 2017 What do you mean here by "regular" loans? Are you talking about loans other than student loans? Levon3 1 Link to comment Share on other sites More sharing options...
Levon3 Posted July 24, 2017 Share Posted July 24, 2017 On 2/20/2016 at 3:04 PM, Opt4theBest said: Hi everyone! I'm applying for a masters program and considering to take out the Graduate Plus Loan to cover both my tuition and living expenses (housing, transport, etc) during the next 2 years of studies. However, I do not know as to when and how to start the process. I wonder if anyone has ever experienced or applied for this type of loan before. FYI - I applied for FAFSA in January and I believe that is the first step. Am I right? Thank you so much! I see you are at Columbia, which is where I got my master's as well. Their financial aid office helped me apply for the grad plus loan, and answered all my questions. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now