Frequently Asked Question(s)
Q:What are the different types of loans for graduate students?
A:Graduate students have a number of options if they wish to get loans. They can apply to the federal financial aid program and secure loan programs such as Stafford loans and Grad PLUS loans. Students who do not qualify for federal loans can look into private loan options. These are offered by a number of banks, private organizations, and other financial intermediaries. However, they require students to have a good credit history and a co-signer.
Q:While going through the student loans for graduate students, there was mention of the course on Introduction to Computers. What are the contents of this course?
A:It is common to get to read about the course on Introduction to Computers while going through the student loans for graduate students. This course is worth 3 credits in total. It is structured to provide students with ample understanding of the concepts of fundamental nature that relate to computer hardware, networks, graphics, design as well as the internet.
Q:Are there any MBA student loans available?
A:Yes, you can finance your graduation with MBA student loans as well. Like all other loans, you will get to submit FAFSA form first before opting for the loan. Various loans that provide aid for MBA programs include citibank loans, sallie mae loans and the access group. With federal student loans you can opt for MBA program too.
Q:Does it hold true that private graduate student loans do not offer any deferment or forbearance?
A:Private graduate student loans are given by private lenders hence they have stricter rules and regulations regarding the payment process. It is always advised to students to avail the federal loans first and if these are not available then only to opt for private ones. It should be kept in mind that deferment or forbearance might not be an option for private loans.
Q:Are there any graduate school student loans?
A:Yes. Graduate School Student Loans are difficult to find. However, not impossible. Students enrolled in the graduate degrees can easily find part time employment therefore loan options for students enrolled in masters degrees are less. However, federal financial aid program does offer a specific loan for graduate students - Grad Loans.