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Author Topic: Amount Eligible to Borrow?  (Read 534 times)

BigRig

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Amount Eligible to Borrow?
« on: June 09, 2006, 11:47:05 AM »
Will Grad Plus (or myrichuncle, etc.) allow one to borrow more than the school's estimated total costs - total aid/scholarships received? Reason being.. the school's estimate for room/board falls several hundred dollars/mo. short for me. I am about to commit to a living situation before I've secured Grad Plus loans and want to make sure I'll be able to borrow enough to cover it.

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toinore

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Re: Amount Eligible to Borrow?
« Reply #1 on: June 09, 2006, 03:33:56 PM »
As far as I have seen, no.  Most places will only give you a loan up to the total amount of your budget (you can, however, get a loan for your EFC).