My child has received a subsidized Stafford Loan for $3,500. What is the next best option to fill the gap from the EFC to cost of attendance?
After the Stafford has been taken, the next option would either be a PLUS loan for the parents, or, if you want the borrowing to be in the student’s name, you can consider alternative loans, which are available through private lenders. Your financial aid office can give you more information on these options.
Related Questions
- One of our students has received subsidized Stafford loans at two different schools for the same loan period. What is the obligation of the student and the school in this scenario?
- Must a school determine a students eligibility for a subsidized Federal Stafford Loan before determining a parent borrowers eligibility for a Federal PLUS Loan?
- My child has received a subsidized Stafford Loan for $3,500. What is the next best option to fill the gap from the EFC to cost of attendance?
