Graduate Loans
Finding funding for graduate study can be an
arduous chore. For most of you, you need to check with the
school you are applying to in order to determine what funding
is available to you. Of course, there are student loans. A
graduate student can borrow as much as $18,500 through the
Federal Stafford loan program. However, I'm sure you'd rather
find free sources of funding.
A couple recommendations:
Contact your school's graduate admissions office and ask
about the availability of assistantships and/or tuition remission.
If you have to borrow, borrow only what you need.
Find out how much your monthly payments might be when borrowing
varying amounts.
Keep in mind the salary you expect to earn and those payments
in your foremost thoughts as you sign your promissory note
or accept a financial aid offer.
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