Private Loans above and beyond

Started by jojo88
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jojo88

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Let's say your school fianancial aid/admissions office sets your cost of attendance (your "need") to $30,000 for the school year and you are offered $30,000 worth of subsidized and unsubsidized (which you take). Now, ;et's say you need more....can you STILL take out private loans aboce and beyond what your school says you need ... or will private (alternative) loans only give you enough to make sure you get the $30,000 (say, if the school only offered you $25,000 in loans)....

Please answer if you know....