When do I apply for loans besides fafsa?

[Tim Theisen]

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I have filed fafsa, but I haven't heard anything from the schools about what loans to apply for. Am I supposed to find out on my own?!...I hate dental school already...i just want to move, get started and get out.

 

[syn_apse]

if you already know where you're going, why not call your financial aid office? each school has its own timetable and their job is to answer your questions and help you out along the way!

 

[cowsgomoo]

I have filed fafsa, but I haven't heard anything from the schools about what loans to apply for. Am I supposed to find out on my own?!...I hate dental school already...i just want to move, get started and get out.

When I called Penn's financial aid office they told me to wait to see how much I have been awarded in the federal aid and then go to the banks for supplemental loans. They said I will hear back from them about the federal aid by May and so then I can go to the banks. Hope this helps. 👍 👍

 

[Lidopaine82]

When I called Penn's financial aid office they told me to wait to see how much I have been awarded in the federal aid and then go to the banks for supplemental loans. They said I will hear back from them about the federal aid by May and so then I can go to the banks. Hope this helps. 👍 👍

banks, huh. well im glad Case has set up better options than that. phew

 

[ItsGavinC]

banks, huh. well im glad Case has set up better options than that. phew

For sure. Most schools at least have several private loans that they recommend for dental students. I wouldn't just start hitting up banks, that's ridiculous.

 

[howui3]

For sure. Most schools at least have several private loans that they recommend for dental students. I wouldn't just start hitting up banks, that's ridiculous.

I agree, there are many loan options for dental students, the banks should be last option (they have the highest rates!)

Try these first:

Federal Subsidized Stafford Loans are awarded to students with demonstrated need. Interest is paid by the government while the student is enrolled in school on at least a half-time basis. The maximum eligibility is $8,500 annually.

Federal Unsubsidized Stafford Loans are available to all students regardless of income. The total subsidized and unsubsidized Stafford loans combined may not exceed $18,500 ($8,500 subsidized and $10,000 unsubsidized) or the cost of education, whichever is less.

Additional Unsubsidized Federal Stafford Loans are available for health professions students. Currently, this allows health professions students to borrow up to $20,000 in additional unsubsidized funds per academic year.

Federal Perkins Loans are available to students with financial need. Graduate and professional students may borrow up to $40,000

This makes a total of: $78,500/year just from government loans. (Info taken from UCLA Financial aid website)

Also try looking for scholarships, grants, work-study money.

The best thing to do is call your school's financial aid office and set up an appointment to go over questions.

Good luck.