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Posted

Though I am fortunate enough that I will not have to take out loans for graduate education, I am very curious as to where students get massive amounts of loans to fund the education. I filed FAFSA just in case, and it said I could get roughly $21,000 in loans next year. For student enrolling in $50,000+ universities, where do they get loans to cover what the federal government does not cover. Is there a limit on how much a student can get? Thanks.

Posted

In my case, I filled out at my fafsa and was offered over $40K in loans (some subsidized, some not- all provided by the government).... Sometimes loans are based on credit score or need... I guess it depends on your situation....

I will not be taking them, because I will be going somehwere else...but, I was floored when I looked at the numbers....

Posted

Loans offered via FAFSA are based on need and estimated cost of attendance, which varies by school.

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