Private Loannnn

[vietricester]

Health Care Professions Student are borrowing MONEY from private loans(SallieMae,etc) for Pharmacy School or Dental School, do they calculate interest rate the first day you borrow from them? How does it work? Because I know government loans are low interest rate and they will calculate after 6 months of graduation. What about private loans? Thanks for the input!

 

[patmcd]

Some government loans start addeding interest from the time you get them (unsubsidized stafford loans) and the same is true for private loans. Read this and it should answer your questions.

 

[vietricester]

anyone has more advise???

thank you !!!

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[KUMoose]

Yes, two pieces of advice.

1) There's a whole forum dedicated to these questions it's HERE.

2) ASCII art is so 1980s, I believe it's now required that if you do ASCII art it's in a moving gif or you must have a mullet (for a fullet for the females).