10.09.07 | Applying for Graduate Financial Aid
To apply for graduate financial aid you must follow the same path as when you were an undergraduate. You will need to get your tax return in order for the previous year of which you are applying. You then need to complete the FAFSA form. You can do it right on line by going to www.fafsaonline.com
Another important aspect of financial planning for grad school is to review your credit. Your credit can be a factor in your admissions decision. It can also be a factor if you need to borrower private loan funds to supplement your financial aid award. Private loan funds can be used for living and travel expenses, exam prep, laptops, etc.
Lastly it is never to early to begin the plan for how to repay your student loans. When you graduate and look for a job, if you are a candidate they really want. Negotiate paying some of the balance of your student loans. There may be better tax benefits to doing that as well.
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April 10th, 2008 | #
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August 19th, 2008 | #