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Author Topic: Beyond GradPlus  (Read 1347 times)

furcifer

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Beyond GradPlus
« on: February 01, 2012, 07:00:02 PM »
If someone wanted to go beyond a GradPlus loan, would that be possible? Do any companies offer such loans while still not requiring payments while in school? Anyone here ever use one?

jstallings1

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Re: Beyond GradPlus
« Reply #1 on: February 03, 2012, 11:31:25 AM »
Living expenses, travel expenses, book expenses, and even the one time expense of a $2000 laptop computer are included in the cost assessment that GradPlus covers.  You are getting yourself in serious *&^% if you try to take out a loan even bigger than the maximum amount GradPlus allows for and I really doubt any lender will be willing to take on that kind of risk and they certainly wouldn't be willing to do a deferment because it is obviously not for school.

furcifer

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Re: Beyond GradPlus
« Reply #2 on: February 03, 2012, 08:42:58 PM »
So you've never heard of a 2L/3L hard up enough to need one and be able to get it then?

Living expenses, travel expenses, book expenses, and even the one time expense of a $2000 laptop computer are included in the cost assessment that GradPlus covers.  You are getting yourself in serious bunnies if you try to take out a loan even bigger than the maximum amount GradPlus allows for and I really doubt any lender will be willing to take on that kind of risk and they certainly wouldn't be willing to do a deferment because it is obviously not for school.