Financial aid for post-bacc

[Tribeca]

Hi, I *know* someone posted a thread like this before but I couldn't find it using the search function. I'm doing my own post-bacc, which means that I am a non-admitted student at my university. Being non-admitted (i.e., not going for any degree), I don't qualify for federal loans. I thought about applying for a second bachelor's degree but I don't want to go that route. Dooes anyone know of good private lenders that'll loan money to non-admitted students like myself?

Thanks!

 

[Emergency!]

Actually, yes, you DO qualify for federal loans as a non-degree student. You are allowed to take out loans for a period of 12 consecutive months in order to take courses required for admission into a professional program. This is how I did it - I was considered a "continuing ed" (non-degree) student at Ohio State. I had to have a financial aid counselor verify each quarter that the courses I was taking were pre-reqs for a professional program. The downside is that it can be tough to do all of your pre-reqs in 12 months.

Don't throw out the option of applying for a second bachelors degree. Just because you enroll as a degree seeking student doesn't mean that you have to actually finish it. I have a couple of friends who got federal loans for their pre-reqs via that route. The plus side is that this eliminates the 12 consecutive month requirement. The down side is that there ARE some limits on how many credit hours/quarters/semesters you can receive loans for, and if you took out loans for your original degree, you need to investigate how much/how long they will let you borrow for undergrad courses.

 

[little_late_MD]

Actually, yes, you DO qualify for federal loans as a non-degree student. You are allowed to take out loans for a period of 12 consecutive months in order to take courses required for admission into a professional program. This is how I did it - I was considered a "continuing ed" (non-degree) student at Ohio State. I had to have a financial aid counselor verify each quarter that the courses I was taking were pre-reqs for a professional program. The downside is that it can be tough to do all of your pre-reqs in 12 months.

Don't throw out the option of applying for a second bachelors degree. Just because you enroll as a degree seeking student doesn't mean that you have to actually finish it. I have a couple of friends who got federal loans for their pre-reqs via that route. The plus side is that this eliminates the 12 consecutive month requirement. The down side is that there ARE some limits on how many credit hours/quarters/semesters you can receive loans for, and if you took out loans for your original degree, you need to investigate how much/how long they will let you borrow for undergrad courses.

Thank you both for this thread. I just sent my post-bacc application out today, and I was wondering how to go about financing the process.

 

[mshheaddoc]

Actually, yes, you DO qualify for federal loans as a non-degree student. You are allowed to take out loans for a period of 12 consecutive months in order to take courses required for admission into a professional program. This is how I did it - I was considered a "continuing ed" (non-degree) student at Ohio State. I had to have a financial aid counselor verify each quarter that the courses I was taking were pre-reqs for a professional program. The downside is that it can be tough to do all of your pre-reqs in 12 months.

Don't throw out the option of applying for a second bachelors degree. Just because you enroll as a degree seeking student doesn't mean that you have to actually finish it. I have a couple of friends who got federal loans for their pre-reqs via that route. The plus side is that this eliminates the 12 consecutive month requirement. The down side is that there ARE some limits on how many credit hours/quarters/semesters you can receive loans for, and if you took out loans for your original degree, you need to investigate how much/how long they will let you borrow for undergrad courses.

And also, some schools will only let you do it for THEIR professional programs. I had a school deny me federal aid for that reason. Also you can't have had 5 years of federal funding as this is your max.

There are some threads about this in financial aid (and that forum is more aptly put to answer you questions). I would look about private loans in the forum. I've posted a few good links there.