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re: Graduate student loan question
Posted on 6/28/16 at 8:45 am to cfa626
Posted on 6/28/16 at 8:45 am to cfa626
quote:
Yes, you will be allowed to borrow up to the "cost of attendance" which includes living expenses
How is this calculated if she doesn't have room and board, meal plans, etc. like an undergrad program would have?
Posted on 6/28/16 at 9:20 am to crazytigerfan69
quote:
How is this calculated if she doesn't have room and board, meal plans, etc. like an undergrad program would have?
When you apply for FAFSA, they will usually give you the allotted number when you're accepted for a loan.
They just hand out the money by the way. My wife and I made a combined $70k and they still gave me $20,500 for a student loan for the 2016/2017 year. I'm on full fellowship with a stipend as well.
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