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re: College Choices: LSU vs Student Debt

Posted on 4/12/18 at 7:51 am to
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 4/12/18 at 7:51 am to
quote:

Just a question, how are you going to get a 30k loan per year with all the new rules. My daughter is starting her college applications and we realize freshman can only get like 5k for the first year. The rest has to come from parents?


I'm not sure what rules you are talking about, but it's still all income based, correct?
Posted by ColdDuck
BR via da Parish
Member since Sep 2006
2770 posts
Posted on 4/12/18 at 9:36 am to
quote:

I'm not sure what rules you are talking about, but it's still all income based, correct?


LINK

$5,500 for freshmen
$6,500 for sophomores
$7,500 per year for juniors, seniors, and any additional

$31,000 is the total limit for undergraduates

Edit Update: I found new 2017 numbers above.
LINK

This post was edited on 4/12/18 at 9:56 am
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