Serious Questions about Financial Aid

Colleges & Universities Washington University in St. Louis
1

<p>If anyone could give a definitive answer (with a source would be preferable) to my query, I’d appreciate it tremendously.</p>

<p>I am considering going to WashU, but financing issues are a pretty big concern. In short, my question is this: through the PEP program, can my parents defer payments on ALL loans they take out until after I graduate? I’m talking about, if my parents prepay, say, $100,000, and go through with the PEP multiyear prepaid loan for ~$150,000, would they be allowed to defer all payments on this loan until I graduate from WashU?</p>

<p>Thanks in advance for your help.</p>

2

<p>I do not believe any of the parental PEP loans are deferred. From the information in WU financial aid guide it sures looks like payments would start as soon as the money is borrowed.</p>

3

<p><strong>Current student</strong>
Call and ask to speak with Mr Bill Witbrodt… he seems to be the one to talk to about all financial aid questions, especially when it comes to getting more.</p>

<p>Good luck and I hope you get to come to WashU!</p>