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So, even after submitting a budget increase request to my school, I was not approved for the whole amount that I requested, which is not going to be enough to support my family and myself.
My understanding is that gradPLUS loans can only go as high as your budgeted amount. right?
If that is the case, and I need more than the budgeted amount, should I just forego the gradPLUS loan altogether and just go for a private loan to cover the amount I need?
Or would it be better for me to get the gradPLUS loan for as much as I can because the terms are better, and then get the private loan for the rest?
I'm thinking SallieMae...
My understanding is that gradPLUS loans can only go as high as your budgeted amount. right?
If that is the case, and I need more than the budgeted amount, should I just forego the gradPLUS loan altogether and just go for a private loan to cover the amount I need?
Or would it be better for me to get the gradPLUS loan for as much as I can because the terms are better, and then get the private loan for the rest?
I'm thinking SallieMae...