$130,000 total in undergrad debts b/w my hubby and I. My husband was accepted into a phd program last year but received zero in financial aid help except for more loans. He deferred for a year and has applied to other schools this year.
We just found out we're pregnant and therefore our financial situation will change before he beings a program. Any advise on getting graduate school paid for without resorting to more loans??
2007-01-21 04:56:25 · 6 answers · asked by Anthro G 1 in Education & Reference ➔ Financial Aid
Most top PhD programs will five you enough financial aid to cover tuition, fees, room and board. Most master's programs and professional schools (JD, MBA, MD) will not.
2007-01-21 05:01:34 · answer #1 · answered by Ranto 7 · 0⤊ 0⤋
Depending on his major, there are corporations out here that will finance his education in exchange for a guaranteed promise that he will work for them for x-number of years. I also understand that the student loan rate has dropped for this year, check it out and see if you can refinance and make the payments less.
Also, if he gets a job some jobs will pay the cost of the classes while he is working for them.
The only other thing to do is to wait until some of the debt is paid down or approach both sets of parents and see if there is anyway they can help.
2007-01-21 05:01:55 · answer #2 · answered by kny390 6 · 0⤊ 0⤋
At my school (uiuc) most grad students work for the university, within their own departments as TA's, assistants, or researchers. In which case they are considered to have an "assistantship" and the tuition for them is waived. They also get a stipend and whatever wages they earn at their job.
I know some other universities have a similar system so you should look into that.
2007-01-21 05:02:24 · answer #3 · answered by jiganto 3 · 0⤊ 0⤋
that's truly $40 six,000 for undergrads from Federal Stafford. that would positioned you merely wanting polishing off with out casting off inner maximum loans or paying out of pocket. So your strategies could be to take out inner maximum loans (for undergrad a hundred,000 is the shrink) which you will greater effective than possibly could desire to take out a pair grand in inner maximum loans each and every 12 months b/c there are limits consistent with 12 months for stafford loans. additionally verify out scholarships, alot of situations you merely could desire to write an essay on some random undertaking. you are able to deliver in for each scholarship you're able to qualify for. i understand of three people who fall into nonminority instructions (white, male, make too a lot money...and so on) who paid for extraordinarily much all of school with scholarships that required they write an essay and be chosen from that essay. so which you have strategies.....additionally verify out getting employed on at a employer who can provide training reembursement, I artwork for living house depot and as long as i'm getting a C they pay me for a million/2 my tuittion and a million/2 my books. some companies furnish finished training payback and our defense force will pay for college, yet be sure you desire to fulfill up dont do exactly that for the college do it b/c you desire to.
2016-11-26 00:13:16 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Financial Aid; Scholarship. Why not just loan??? It is the best way to go!
2007-01-21 05:22:50 · answer #5 · answered by Cale 2 · 0⤊ 1⤋
this is a site i've used to help me lower my student loan. i really recommend it! just go there and fill out the form.
2007-01-21 06:02:09 · answer #6 · answered by bad x 1 · 1⤊ 1⤋