Loans!

[qickdrawmcgraw]

Hello everyone!  I've searched the memories but haven't found anything on this particular question, so here goes!

I have recieved and accepted federal funding for my master's, which I start in September.  However, it only covers a little under half of my entire cost of education (living expenses, housing, etc all included), so I've been looking into

Comments

[lissiehoya]

I have my federal student loans with T.H.E. and I love them. I've never had a bad experience and they've been nothing but extremely helpful when I've had questions.

[qickdrawmcgraw]

Great, thank you!

[roseofjuly]

I'm assuming you're in the U.S. because you mentioned PLUS loans, but I'm curious to know why you think PLUS seems like a better bet than Stafford loans? Stafford loans have lower interest rates (fixed at 6.8%), better repayment terms, and are available to students regardless of financial need. Graduate students can take out up to $20,500 a year.

Unless of course by "federal funding" you mean you've already exhausted the federal loans and are looking for private loans, in which case I am going to shut up.

[qickdrawmcgraw]

Haha, yeah, when I said "federal funding" I meant the $20,500 in Stafford Loans. Unfortunately I'll need quite a bit more than that will cover! :-P

[turn2you]

More than that for tuition or for tuition and living costs?

You'd better be getting a Master of Solid Gold from Diamond University. :-P

[qickdrawmcgraw]

Haha... uh, both? Tuition is $32,000, unfortunately. I'm an idiot and chose a private school. :-P