Boston University - Financial Questions

[SLP_lm]

Hi everyone!

I know financial questions are a sensitive topic but I am wondering if anyone who has accepted or plans to accept their offer to Boston University can provide some insight into how they will be financing their education at such an expensive school. I would love to go there but I don't think I can make it work financially. 

Thanks in advance for your help!

[OverCaffeinated]

im taking out an insane loan... theres no other way i see to be able to pay for it

[SLP_lm]

12 hours ago, OverCaffeinated said:

im taking out an insane loan... theres no other way i see to be able to pay for it

Hi, thanks for the response and congrats on your decision to attend BU!

I am thinking of taking out a huge loan as well but am trying to decide if I should even though I was given money at other programs. BU is by far my favorite school but the idea of taking on so much debt scares me but it's nice to know that someone else is in the same position I am. Are there any specific things that helped you reach the decision to attend BU and take out loans?

 

[orange23]

If you guys don't mind me asking, how much are you guys gonna borrow? I'm having a hard time trying to figure out how much is too much 

[SLP_lm]

1 minute ago, orange23 said:

If you guys don't mind me asking, how much are you guys gonna borrow? I'm having a hard time trying to figure out how much is too much 

If I went, I would be borrowing the full amount for tuition and probably a pretty substantial amount for living expenses as well. 

[Speechster]

If you don't mind me asking, how are you going to take out a loan? I am trying to find options besides the PLUS loan to cover the rest of my tuition.

[SLP_lm]

39 minutes ago, Speechster said:

If you don't mind me asking, how are you going to take out a loan? I am trying to find options besides the PLUS loan to cover the rest of my tuition.

I was thinking of taking out the PLUS loan and trying to keep all the loans federal so that I would have a chance at consolidating all of my loans after finishing the program.