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# Financing for Parttime programs

Author Message
Manager
Joined: 07 Apr 2009
Posts: 145

Kudos [?]: 13 [0], given: 3

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14 Jun 2010, 09:15
Hello partimers, what are your plans for financing the program ? Has anyone applied for student loans (FAFSA or private ?) How many are relying on employers contribution ?

My employer is sponsoring 20% of my tuition , I have to bear the rest. I am on the verge of becoming a permenant resident , so if at all I have to apply for federal loans I will have to do it next year once I become one.

Kudos [?]: 13 [0], given: 3

Intern
Joined: 05 Sep 2010
Posts: 3

Kudos [?]: [0], given: 0

Re: Financing for Parttime programs [#permalink]

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05 Sep 2010, 22:41
Hai,
This is my suggestion for you. If u has financial problem or time problem there are several sites for the full-time and part-time students for academic year. These estimates are used in determining financial aid packages for law students.

Kudos [?]: [0], given: 0

Current Student
Joined: 20 Mar 2010
Posts: 126

Kudos [?]: 33 [0], given: 10

Location: Taipei, Taiwan
Schools: Chicago Booth
WE 1: Analyst: Big Four U.S.
WE 2: Senior Consultant: Big Four Taipei
Re: Financing for Parttime programs [#permalink]

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06 Sep 2010, 02:48
skpMatcha wrote:
Hello partimers, what are your plans for financing the program ? Has anyone applied for student loans (FAFSA or private ?) How many are relying on employers contribution ?

My employer is sponsoring 20% of my tuition , I have to bear the rest. I am on the verge of becoming a permenant resident , so if at all I have to apply for federal loans I will have to do it next year once I become one.

Hey there!

I'm in a pretty similar boat. My employer will pay around 1/3 of my expenses, and I will personally be depending on some combination of federal and private loans to cover the balance. At the moment I'm inclined to go with all private loans, as the rates are highly preferable to the Federal grad plus loans @ 7.9%.

My undergraduate loans are through Citibank, and are currently sitting at an interest rate near 3.5% (originally borrowed in 2004). My husband is in a master's (not MBA) program currently, and his rate for this semester was closer to 4.0%. As long as I can get great rates like those and the stock market continues to have (what I believe to be) awesome purchase opportunities I'll be borrowing the cost of my degree. If the market has a huge run up and interest rates jump I'll start cash flowing part of it, but I don't really anticipate that happening in the next three years

Where will you be applying?
_________________

"Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” ~Mark Twain

Kudos [?]: 33 [0], given: 10

Re: Financing for Parttime programs   [#permalink] 06 Sep 2010, 02:48
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