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Messages - alexanderthegreat
« on: April 10, 2006, 11:41:09 AM »
so how does APR come into play?
I wonder whether the LIBOR rate + whatever percent the private lenders charge (Which I sasume is better than the prime rate) is going to be higher than the 8.5% fixed rate that GRad PLUS loan offers.
« on: April 08, 2006, 12:21:15 AM »
Could someone let me know how variable rate school loans work? Since they change annually/monthly, how are the repayments calculated? If, say, for instance, the rate is 7% this year, and then it becomes 8% next year, and then 9% in 2009 (which is when we graduate and probably start our repayment), how much do we need to pay back?
do you guys think that I should go for variable rate priate loan or fixed rate private loan at 8.5%?
« on: March 27, 2006, 09:51:51 PM »
If I can get two more people to take the class with me, everyone can pay 10 dollars less. PM me.
« on: March 25, 2006, 07:26:31 PM »
What's the max. amt. of grants schools will give? approx.?
« on: March 25, 2006, 01:33:44 AM »
So, what is the difference in terms of the interest rate? How is subsidized loan better than the unsubsidized ones then? By like 1% interest rate??
« on: March 24, 2006, 02:45:06 PM »
Got it. So do you mean that if I don't pay back my loans during school (at a lower interest rate), I would have to go for hte higher interst rate and pay back more after school (since the interest rate is gonan be up-ed with the principle)
« on: March 24, 2006, 02:30:15 PM »
So, I am all confused about the differences between sub. and unsub. stafford loans:
I read that for:
The Stafford loan interest rate is 4.70% during in-school, grace, and deferment periods and 5.30% during repayment for loans disbursed on or after July 1, 2005 through June 30, 2006. The interest rate for Stafford loans is variable and may change annually but will never exceed 8.25%.
Grace period of 6 months after school.
So 1) how are they different? 2) what does it mean by in-school grace periods and out of school? do we have to repay our loans during school???
« on: March 17, 2006, 10:24:49 PM »
My parents have been retired for a while, and they have not claimed me as a dependent for 6 years. However, I did not have loans in college because I had financial assistance from my other family members etc. Do law schools take that into acct. even though my parents do not have much income AT ALL? I have only been out of college for 2 years. Does anyone know? Is anyone in this similar situation?
« on: December 05, 2005, 11:50:16 AM »
So, my parents aren't US citizens, hence they have not filed any taxes. Since I am only two years out of college, I am technically still a dependent, or so I heard. How can I obtain aid/loans for law school? Haven't done this before since they paid through college for me but not anymore.
« on: December 01, 2005, 05:38:07 PM »
amanda, which law school are you in?