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Looking for info on Student Loans & other financial options(3 posts)

Looking for info on Student Loans & other financial optionsjs5280
Sep 23, 2002 10:30 AM
Well, since it's such a crappy economy I'm looking into going back for an MBA or technical MBA program but I'd need to take out a loan to do so. Figure now's the time to do it. I'll probably have to take a substantial pay cut IF I find a job anytime soon (although I have a two promising leads this week) plus interest rates are really low. I think I stand more to gain but getting my Masters now, than take a so-so job. On top of tuition, I'd also need to subsidize my living expenses in addition to working part time. I used to make pretty good money so I doubt I could get assistance (i.e. not have to pay back the money) Can anyone point me to a good source that explains financing graduate education? I've checked out the FAFSA (Federal Financial Aid) site, but like most government sites, requires a JD to interpret and are rarely ever helpful. Are there other sources for funds? I know a friend that borrowed from her retirement, but I'm not interested in doing that. Thanks in advance for your help!
Best sourceMatno
Sep 23, 2002 12:33 PM
The best place to look is usually the financial aid office of whatever school you're interested in attending. They can also give you info on private loans that may only be available through the school. Good luck! Financial aid is the pits. Just so you know, I HAVE a JD and it doesn't make FAFSA any less frustrating. (I'm now in med school so student loans pretty much rule my life. Try going through the same process but with a wife and kids...) :)
Best sourcerbb
Sep 25, 2002 4:31 AM
Oh man, good to hear someone else is in the same boat as me! I'm working fulltime now and plan to go to school in January and will have to find a part time job and somehow get financial aid. I tried the FAFSA site but it's very overwhelming, I'll check with the college, thanks
-Take care and good luck!!

-Bob