Fed Stafford + Private loans

[Fin-Nor]

hey folks, i have a question to ask. i just received my FA award ($38,500) and i will be attending a private institution. their cost of living estimate is "$52,464" -- which exceeds the fed. stafford of sub and unsub.

if i plan on using T.H.E. for the fed.stafford, is it avisable to also use T.H.E. for the other portion of umet needs also?

sorry if i sound confused here, it's b/c i really am.

any input is appreciated

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[inshanesworld]

It will make it easier 'cause they can use your info for the other loans on the private application (and perhaps for consolidation)...however...you can use anyone you want to use. I would research into the various options/interest rates to be sure that you are making an informed choice.

 

[OSUdoc08]

hey folks, i have a question to ask. i just received my FA award ($38,500) and i will be attending a private institution. their cost of living estimate is "$52,464" -- which exceeds the fed. stafford of sub and unsub.

if i plan on using T.H.E. for the fed.stafford, is it avisable to also use T.H.E. for the other portion of umet needs also?

sorry if i sound confused here, it's b/c i really am.

any input is appreciated

T.H.E. is good----I recommend using it for all that you can. You also inquire about the federal perkins loan.

 

[Fin-Nor]

thanks y'all... i guess im just really nervous when it comes to things like this, i have no real knowledge on what to do.

thanks for shedding some light on the situation.