<p>To cover my EFC I hve the option of taking out an additional 3000 in subsidized loans or signing up for the tuition plan (making 10 payments.)</p>
<p>Signing up for the tuition payments costs $55. Taking an additional $3000 in loans is cheaper (in fees) so I would prefer to do that. I don’t have the money to cover it upfront, but could swing it with the 10 payment payment plan. </p>
<p>If I do the loan, can I make payments every month starting the month after? Or is that not allowed? I don’t want to have that additional 3k in debt and could pay it off throughout the year.</p>
<p>Help?</p>