Any suggestions for loans?

MomsterofM
Tue, 06 May 2008 00:49:25 +0000

I’ve searched and found lots of info about scholarship, but not about loans.
My Daughter got her financial aid package, she got two scholarships, work study, and the package talks about an expected Perkins Loan, a suggested Stafford Loan and suggested PLUS loan.

We will definitely have to do some loans, although she is still trying for other outside of the school scholarships as well.

The question now is where is our best place for loans?

We are planning on refinancing our house, our bank is working out a better interest rate for us. Are we better off including a portion of this huge tuition amount in our refinance, or is there a better kind of loan for us to use?
She will be assuming some of the debt herself, but we plan on helping as much as we can.

Any advice is appreciated!!