<p>Pepperdine gave me a FA profile of $500 federal work study and $61500 direct plus loan 1, which covers the rest of Pepperdine tuition for the full year (approx. 62k)</p>
<p>I’ve never heard of this loan before but it’s weird for so much to be on it…has anyone received this loan before? With no EFC is that good? Or does it just go straight to the loan after I graduate or while I study? </p>
<p>If anyone knows some of these, let me know, thank you</p>
<p>A direct PLUS loan is a loan to your parents - they must qualify for it and they must sign for it. And they are the ones who will have to pay it back - starting immediately!</p>
<p>What you’ve described is a terrible financial aid package . . . it’s actually NO financial aid package at all! Just one big, unmanageable loan.</p>
<p>If this is all Pepperdine is offering you, you need to tell them “Thanks, but no thanks!” and find a different school. This is NOT the way to pay for your education!!!</p>
<p>Hm, I don’t know why they would give suck a skewed package. Pepperdine is a lovely school but a loan that after four years is $220k for parents that make $125k/yr BEFORE taxes may not be the smartest thing. My parents would hate me LOL</p>