Financial Aid Question

[dentallife10]

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Hey all, just started dental school this week. My school uses only unsubsidized loans to pay for Fall tuition and then both unsubsidized and grad plus for Spring tuition. I have some money saved up that I am going to put into tuition and I am wondering when would be the most financially beneficial time for me to do this. Should I use it this semester and accept less unsubsidized loan money? Or should I accept the max unsubsidized loan amount now and put this money towards tuition in the Spring since the grad plus loans have higher interest rates?

Basically what I am asking is if I can take out more money in unsubsidized loans in the Spring (and thus use less of the higher interest grad plus loan) if I take out less in the fall?

 

[schmoob]

Hey all, just started dental school this week. My school uses only unsubsidized loans to pay for Fall tuition and then both unsubsidized and grad plus for Spring tuition. I have some money saved up that I am going to put into tuition and I am wondering when would be the most financially beneficial time for me to do this. Should I use it this semester and accept less unsubsidized loan money? Or should I accept the max unsubsidized loan amount now and put this money towards tuition in the Spring since the grad plus loans have higher interest rates?

Basically what I am asking is if I can take out more money in unsubsidized loans in the Spring (and thus use less of the higher interest grad plus loan) if I take out less in the fall?

Sounds like a good plan. Taking out less grad plus and less of a loan now also avoids the interest from starting to accrue.
Just make sure you leave yourself money to live.