Location a factor for financial aid?

thumper1
Tue, 10 Aug 2010 17:56:43 +0000

How much money would be too much for a student to take out in loans?



The maximum amount of Stafford loans is really the most you should take for undergrad school…try to keep your loans to a minimum. Staffords are loans taken in the STUDENT’S name, no cosigner needed. Lower income students are sometimes offered Perkins Loans and those are also only in the student’s name. Any other loans you take will require a cosigner.