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What You Need to Know About Grad School Loans

Date: Aug 13, 2018
Tag: financial aid

Introduction

When considering graduate school, understanding the financial implications is crucial. This article provides insights into loans specifically designed for graduate students.

Types of Grad School Loans

  1. Federal Loans
    • Direct Unsubsidized Loans
    • Grad PLUS Loans
  2. Private Loans
    • Credit-based loans from private lenders

Application Process

  1. Research different loans and their terms.
  2. Complete the FAFSA to apply for federal loans.
  3. Compare private loan offers to find the best rate.

Conclusion

Grad school loans can be a significant financial commitment, but understanding your options can help alleviate some of that burden.