Help with Student Loans

FAFSA is required for pretty much any loans for grad studies. I took on some Grad Plus loans for my MBA studies. I looked for private loans but most banks would not play along without some considerable asset to take the loan against. Grad Plus loans are at 7.9% and payments begin one month after completion or going below part time status. Credit is considered, but it is my understanding that most applicants are approved. Hope this helps..

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hey are getting rid of subsidized loans on July 1st I believe. So you are stuck with unsubsidized which accrue interest when you are in school.

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Actually its still up in the air. Even so if i understand correctly they are doing away with subsidized loans for grad school regardless.

I'm in the process of getting student loans right now for my MBA, do you take out one giant loan or do it by school year?

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Actually its still up in the air

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That is good news for my sister

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I'm in the process of getting student loans right now for my MBA, do you take out one giant loan or do it by school year?

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For my grad school it was by semester

For grad school, you do it year by year.

I am entering my last year of grad school, and I did not have the option of getting a subsidized loan this year. I think grad school subsidized loans got axed in one of the budget control acts last year.