aggregate loan limits?

[squirrelrogue]

so i went to take out loans for my second year of law school, and citibank informed me that they have a policy against lending to people who have more than 150,000 in educational loans from any lender.

since i have 120,000 in undergrad debt, and 50,000 from one year of law school, i can no longer take out loans from them.

Accessgroup apparently has a 250,000 total limit, which is still too low for two more years.

has anyone encountered this problem? is there a way around it, or are there any good lenders that don't have this limit?

[Ninja1]

Damn, rock and a hard place. Can you keep shopping lenders every so often? Or get lots of smaller loans from various lenders? I know Staffords have a lifetime limit of around $160k, but I don't know if there's a limit for PLUS loans or private loans. Good luck though, I hope things work out for you.

[zardoz]

I would look at GradPLUS loans.  If you are interested in private loans though, check with SallieMae.  They will waive loan limits with a co-signer, I believe.

[Jmart603]

so i went to take out loans for my second year of law school, and citibank informed me that they have a policy against lending to people who have more than 150,000 in educational loans from any lender.

since i have 120,000 in undergrad debt, and 50,000 from one year of law school, i can no longer take out loans from them.

Accessgroup apparently has a 250,000 total limit, which is still too low for two more years.

has anyone encountered this problem? is there a way around it, or are there any good lenders that don't have this limit?

if you take out grad plus loans (look at access group), you can take out as much as you need (as the school allows). the only downside is that it'll have a 3% origination fee like all gradplus