Financial Aid Status

kevin101
Sat, 02 Aug 2008 14:38:08 +0000

TheIcon, from your provided information, I think your grant is good enough to cover the expenses; in your case, you should not borrow loans and yeah of course you better not spend so much during your college years. Grant is basically free money but loans must be paid back; don’t use loan when you don’t need to because the interest pile up really quickly.

1lazysoul, wow, you (the current undergraduate students) are so lucky to have 4,731 limit. If they changed it 4 years ago, I would have like 700 more each year and times 4 = $2800 more in my undergraduate career.

beloved002, I think you can convert work-study to loans and that action would not affect your grants. Scholarships will affect your grant if the scholarships > awarded loans.