What type of student loan do I qualify for?
Asked by vs1958I graduated from college with Bachelor's degree last spring, but now I am enrolled in several community college undergraduate courses as pre-requisites for the graduate program I will be applying for next year. What type of student loan would I qualify for?
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Answered by Adam J
As long as you have not maxed out your stafford loans from your time in the B.A. program you should be eligible for $7500 in stafford loans. You could get a $3500 Subsidized loan (which are interest free while you are in school) or the entire $7500 could be an Unsubsidized loan (which does have interest in school). You need to talk to a financial aid advisor to be sure because it does depend on how many credits you are attempting. As long as the school can receive federal $ and you never went into default on your previous loans, this is the first route you should take. You need to fill out a FAFSA to get these, so make sure you do that!
As long as you have not maxed out your stafford loans from your time in the B.A. program you should be eligible for $7500 in stafford loans. You could get a $3500 Subsidized loan (which are interest free while you are in school) or the entire $7500 could be an Unsubsidized loan (which does have interest in school). You need to talk to a financial aid advisor to be sure because it does depend on how many credits you are attempting. As long as the school can receive federal $ and you never went into default on your previous loans, this is the first route you should take. You need to fill out a FAFSA to get these, so make sure you do that!
