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 Post subject: Maximum student loans vs. cost of attendance
PostPosted: Thu Apr 19, 2012 8:08 pm 
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Joined: Wed Feb 29, 2012 6:27 pm
Posts: 88
On the federal loan website, I read that the maximum amount of student loans was around 130,000. On a few other websites, I read that the maximum was $130,000, including federal/private loans. This number is the total amount for both undergrad and grad loans.

BUT cost of attendance is about $70,000/ year at a private law school (such as cornell or harvard), coming to about $210,000 total. If I don't get any scholarships or grants, that would mean I'd have to supply/work for roughly $80,000 throughout the course of 3 years.

What happens if you max out on loans and can't earn $80,000 during the 3 years? Have I been reading the websites wrong - is 130,000 the maximum for a certain federal loans, but not all? For people whose parents aren't able to contribute (0 EFC), what were your experiences in affording law school? Any other advice?


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 Post subject: Re: Maximum student loans vs. cost of attendance
PostPosted: Thu Apr 19, 2012 10:59 pm 
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Joined: Tue Jun 28, 2011 1:20 am
Posts: 6331
That's the max Stafford loan only. Each year the max Stafford is $20,500.


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 Post subject: Re: Maximum student loans vs. cost of attendance
PostPosted: Sat Jul 21, 2012 2:34 pm 
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Joined: Sat Jul 21, 2012 2:26 pm
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SPAM.


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 Post subject: Re: Maximum student loans vs. cost of attendance
PostPosted: Sat Jul 21, 2012 2:35 pm 
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Joined: Sun Jul 18, 2010 3:50 pm
Posts: 3422
You can take out gradplus up to the full coa.


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