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How do most people manage their finances during the Residency year?

April 26, 2017finances manage people residency year

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How do most people manage their finances during the Residency year?

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As a full-time enrolled graduate student at UMass Boston, Teacher Residents are eligible to apply for student loans and loan deferment through the University. Most Teacher Residents choose to supplement their monthly stipend and cover the costs to UMass Boston by applying for student loans; they then use the $4,725 AmeriCorps Education Award to pay back their interest-free federal student loan. Please click here to download forms and access information on applying for student loans from Financial Aid Services at UMass Boston.