pinot noir Posted July 13, 2011 Share Posted July 13, 2011 Hi guys, It's been a while since I've been on this site, but since I was last here I accepted to the school that offered me full tuition and a modest stipend (UC Riverside) for creative writing MFA (nonfiction). I'm set to start in September, but I just lost my job that I had for seven years. I know the economy is iffy right now and I really want to focus on my studies/writing. I am considering taking out a loan for the first year. I live quite modestly and am part of a credit union that I believe offers loans at excellent rates. Does anyone have any advice on this? Granted, this is an art degree and I am aware that the job market is practically nonexistent. However, I am seriously considering this as a risk or investment so that I can focus primarily on my studies. I will plan to still work part-time (I can't imagine ever not working!), but the loan will be a back up and most likely my primary source of living (I'm thinking 20k). I appreciate any advice. Link to comment Share on other sites More sharing options...
Teelee Posted July 13, 2011 Share Posted July 13, 2011 If you are plan on taking out a loan you should fill out a FAFSA. If you can get a subsidized loan, you wouldn't have to pay interest while attending school. Link to comment Share on other sites More sharing options...
pinot noir Posted July 14, 2011 Author Share Posted July 14, 2011 If you are plan on taking out a loan you should fill out a FAFSA. If you can get a subsidized loan, you wouldn't have to pay interest while attending school. Thanks. I have filled out fafsa so that shouldn't be a problem Link to comment Share on other sites More sharing options...
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