I have no idea what to do about loans either....my bank, BOA, offers a Medical Student Maximizer loan, which with a cosigner offers about 250K in total borrowing potential at a pretty good rate. That's really as far as I've taken private loan investigation. What I would like is for WSU to let us know their preferred lenders or sponsored private loans--if they have any--sooner....so I can do some research. But thanks for making the call, jj...lol...I got a hilarious email from Tupper or Tucker (the current financial aid guy) who called me Miss Benson (not my name, but close enough for government work) and basically told me nothing.
Sigh...it's spring, we're just sittin' in limbo waiting, so of course I'm only thinking about the following two things:
1. Twin or Queen size bed? Since I'm freshly single, do I want a Spartan, accomodating tiny little bed like I've had since starting college in 1997...or do I finally want to upgrade even though it seems way too lavish. HAHAHAH. sigh.
2. What color should my first pair of scrubs be, and should I buy those yet? I've been looking at this website...aviatorscrubs.com...because they have cargo pants with all these pockets and look combat-ready. And they have maroon, which I think is a personally flattering color.
Weigh in.
Mrs. Sloas siad that WSU does our entire financial aid package for us...in fact, here , Ill print the email she sent to me. SO, SEE BELOW--->
(BEGIN EMAIL)
Regarding your questions...
First, the FAFSA is required by the federal
government for any students who wish to borrow money
from federal loan programs, such as the Stafford
loan program. The Stafford loan program loans will
provide most of the funds needed for your budget.
The budget is determined by the university. It is
the maximum you can borrow for educational and
living expenses. Of course, if you have other
financial resources (scholarships, rich relatives,
or money already saved) you do not have to borrow.
We have several lenders from whom you can choose who
provide loans for medical students. They are
legitimate companies who provide excellent service
and are aware of the medical students situation
(residency, etc). You will receive information
about them when you are provided with your award
letter. The university financial aid office usually
begins sending out award letters mid-May.
I don't know what you mean about apartments not
accepting your loans. The loan funds are sent to
WSU from the lender. WSU pays your tuition and fees
from the loans received and then they deposit the
remaining funds into the bank account you designate.
You would write a check or withdraw cash from your
bank account in order to pay your apartment rent.
Yes, the budget (and therefore, your loans) include
living expenses, as well as educational expenses.
You will need to bring enough money with you for
deposits and initial rent. The loan refunds cannot
be processed until you begin classes. Most students
already have their apartments set up before they
begin classes.
Please let me know if I can be of further assistance.
(END EMAIL)
So, i guess what that means is that they take care of it for us?!?!
This past summer I went matress shopping and bought a FUll size bed for $300 (it was on sale). But, if i gave you my 2cents...id say splurge and just go for a Tempurpedic bed. They are the best thing in the world. I think I might just do that in a couple years (use my loan money). And no....going to a bigger bed is not being too lavish, as you say....id say its mostly if not always necessary to have a big bed
i know my scrubs color...i love blue...id love anything but pink or purple.
i have 4 weeks and 2 days of college left, this is the beginning of my countdown!!!