Financial aid question...

[xpertholen1]

Advertisement - Members don't see this ad

So i'm sure someone out there has dealt with my problem and i'm just looking to see how they've fixed it.

Has anyone used up their undergrad financial aid on an undergrad degree and subsequently gone on to Pharmacy School?

From what I understand, since my stafford loans are unavailable until I become a "grad student" during year 5, I am going to have to take out a bunch of perkins/personal loans to finance school. Since I've already finished my BS in Bio, there goes federal grants and such. Anyone have any advice or how you may have overcome the same issue?

Many thanks!

MCPHS c/o 2013

 

[fhx06]

Undergraduate and graduate degrees are considered separate classes of degrees and it's understandable to go from an undergraduate degree to a graduate degree. Your Stafford loans should not be affected by that, especially since you'll still be a student at MCPHS. The best thing to do is talk to the financial aid office and figure out how your loan will be determined and how you should classify yourself during the 3rd year of the program when you start the graduate portion of the courses.

 

[xpertholen1]

Undergraduate and graduate degrees are considered separate classes of degrees and it's understandable to go from an undergraduate degree to a graduate degree. Your Stafford loans should not be affected by that, especially since you'll still be a student at MCPHS. The best thing to do is talk to the financial aid office and figure out how your loan will be determined and how you should classify yourself during the 3rd year of the program when you start the graduate portion of the courses.

At MCP you're not considered a graduate student until 5th year. So my problem is that since i've used up my undergrad money for my BS, how does the financial aid office configure your award package. Again I would imagine that i'll be getting perkins loans and supplementing it with personal loans, but that is just a guess

 

[fhx06]

Check with the financial aid office first; if they got money to offer, it's better to take it from there. If you need to, make sure you read the fine print and know whether it is variable interest and how the interest accrues.

 

[aboveliquidice]

Check with the financial aid office first

Quoted for truth...