Law School Discussion

Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - vivarin

Pages: [1] 2 3 4 5 6 ... 31
Acceptances, Denials, and Waitlists / Re: Georgetown Waitlist is moving
« on: August 06, 2006, 07:42:43 PM »
Got an email from georgetown stating that there would be a few spots opening up this month and that I would be one of the first to know and get an offer when a spot did open up. Anybody else received this?

Crap, I only got an email stating that there aren't any spots at the moment and that they closed off part of the waitlist, and rejection letters would be sent in the mail to some people.  I hope it's not me...

Hey, na56 - what are your numbers?

Incoming 1Ls / Re: What is GW really like?
« on: July 26, 2006, 07:39:49 AM »
I don't blame him/her for being a little nervous before school starts. Since I was planning to go there until recently, here are a few things I learned, from a tour and from talking with students and alumni:

- The campus is nice. It's not a traditional gothic law school building, but there is something that resembles a campus green, and the buildings are very well-equipped with all the latest technology. The library leaves something to be desired. You can't beat the location. While people rip on Foggy Bottom, it's completely safe (unlike Georgetown), and it's convenient to downtown DC.

- The students seem happy. Like all law schools, it's competitive. But there are a lot of student clubs and activities.

- The professors are top-notch. It's rare that NPR goes an entire week without quoting at least one GW prof. Many of them have written the definitive treatise for the subject.

- Career prospects are good, particularly for those in the top 35 percent. If you're an IP student, your options are even better.

Regarding career prospects, any idea how well an IP student would have to do to get BIGLAW in DC and NYC?  How about Boston?  I like DC and all, but I'm not completely sure yet where I want to work. 

I don't really understand what you mean by "...what if my credit score goes bad and I need to reapply for loans?  Then it would be nice to have that THE bonus as a cushion."  Can you elaborate?  We seem to be in the same boat here as far as credit and loans...

PS: See ya at GW!

Sorry - I meant that when I apply for loans again next year, and if my credit score goes downhill for some reason, I wouldnt' be able to get the premier interest rate anymore.  But the THE bonus would make up the difference. 

I've decided that the above scenario is unlikely, and have gone ahead with Access.  Their lower interest rate trumps any incentives that THE can offer me, especially since I don't qualify for THE's incentives in the first place!

Are you going to GW too?  If so, I'll see you there soon!

I don't know if it's a new policy, but they state on their website that Premier interest rates do not qualify for the bonus.  It's an asterisked footnote though, so they don't make it obvious.  Just keep your eyes peeled.

Regardless, I wonder if it's still worth doing THE...what if my credit score goes bad and I need to reapply for loans?  Then it would be nice to have that THE bonus as a cushion.  Yet...I doubt my score will go bad anytime soon.  I've been very responsible with my payments and I don't see why this would change in the future.  So, maybe Access it is.  Especially since their interest rate is already lower.  Also, that direct debit deduction will out out some - it's better than nothing.  As for the 48mo ontime payment deduction - that's nice and all, and frankly someone like me would probably be able to pull it off, but 4 years is an awfully long time to wait for a deduction!

I'm glad I helped you out, btw.

Does anyone here have any experiences with either lending company?

I have excellent credit, so both companies are giving me a good rate:  But, from what I understand, there are a few differences between them.

Access: LIBOR+1.7

Interest rate abatement:
Access: subtract 0.5% after 48 ontime payment.  Also, subtract 0.25% for direct debit.
THE: Offers the THE bonus EXCEPT for people like me who qualify for the premier credit.  I don't think they offer anything else.

Ceiling interest rate:
Access: 25% (ouch!)  This isn't likely though...right?
THE: 18% - still pretty high, but as I already stated, how likely is this?

Origination and repayment fees:
Access: none
THE: none - I think

What do you guys think?

Financial Aid / WTF is up with Access?
« on: July 23, 2006, 12:13:43 PM »
Ok, so I applied for loand at both THE and Access to see if I would be approved and to find out what interest rate they would charge.

THE offered me their premier rate.  Other threads on this board said that you needed a credit score of 750 or higher to get this rate, so I am very pleased.

Access, however, rejected me completely!  WTF is going on?  Could my application at THE have had a real negative affect on my score?

Incoming 1Ls / Is it too late to apply for commercial loans???
« on: July 14, 2006, 11:26:42 AM »
I've already applied and received approval for my Stafford loans.  But, I've had second thoughts recently and now I'm looking into commercial loans to help me along with living expenses.  Is it too late to get this started?  Anyone have any lenders they can recommend?

Acceptances, Denials, and Waitlists / Re: Boston U
« on: June 15, 2006, 07:35:39 AM »
Congrats to the both of you.  If you don't mind sharing, what are your numbers?

Well, it's June 7th, pretty late in the business day, and I haven't heard anything.  Tick, tock...

I seriously wonder if we'll hear anything at all today.

Numbers please!!

Pages: [1] 2 3 4 5 6 ... 31