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FA - ALP loan

Discussion in 'Pre-Medical - MD' started by c33, May 14, 2002.

  1. c33

    c33 Member 7+ Year Member

    Apr 18, 2002
    is it true that, since the maximum for Federal Stafford Loan is only $18.5k/yr, the ALP (alternative loan program) loan would be necessary if I want to borrow the full amount?

    so the ALP is in addition to Stafford, not in lieu of, right? and what do I put down as the ALP loan amount requested? just the balance after subtracting $18.5k? anyone know what the interest rate is for ALP?
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