- Joined
- Apr 27, 2020
- Messages
- 8
- Reaction score
- 0
Hello!
I just received financial loan information from the school and I would like to get some advice before accepting the loans.
My school is one of the most expansive dental schools, so the amount of attendance of the school is about 130K per year including all living costs (rent, supplies, tuition, etc.). With Grad PLUS loan and direct unsubsized loan will cover all the costs.
I am thinking to accept all the amount that was offered and return the unnecessary amount back within 2 to 3 months before interest buildup. Is it a good idea to do that or should l look for other options such as getting a private loan with lower interest? I read the article saying that private loans are possible for refinancing later and eventually will save a lot more. I am wondering how dental students are dealing with these huge numbers.
I do understand the amount of money that I need to pay later after I graduate. It is A LOT, so I am trying to find a way to save the money as much as possible during the dental school by borrowing less amount or having a lower interest rate.
Honestly, any advice is really appreciated!
I just received financial loan information from the school and I would like to get some advice before accepting the loans.
My school is one of the most expansive dental schools, so the amount of attendance of the school is about 130K per year including all living costs (rent, supplies, tuition, etc.). With Grad PLUS loan and direct unsubsized loan will cover all the costs.
I am thinking to accept all the amount that was offered and return the unnecessary amount back within 2 to 3 months before interest buildup. Is it a good idea to do that or should l look for other options such as getting a private loan with lower interest? I read the article saying that private loans are possible for refinancing later and eventually will save a lot more. I am wondering how dental students are dealing with these huge numbers.
I do understand the amount of money that I need to pay later after I graduate. It is A LOT, so I am trying to find a way to save the money as much as possible during the dental school by borrowing less amount or having a lower interest rate.
Honestly, any advice is really appreciated!