It is currently 19 Nov 2017, 19:36

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Second-year students -- question on FAFSA/student loans

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Senior Manager
Senior Manager
User avatar
Joined: 31 Jul 2008
Posts: 369

Kudos [?]: 22 [0], given: 3

Location: London UK
Schools: LBS '11
Second-year students -- question on FAFSA/student loans [#permalink]

Show Tags

New post 17 Jan 2009, 05:58
Stupid question, but do second-year students fill out the FAFSA again for their second-year? And if so, does that mean you can borrow one set of $20,500 in loans for your first year, and then another set of $20,500 for your second year?

I'm trying to determine how much total I need to borrow for two years, and was wondering if I can reduce that by $20,500 if I can borrow that in the second year's application.

Thanks!

Kudos [?]: 22 [0], given: 3

1 KUDOS received
Manager
Manager
User avatar
Joined: 04 Aug 2005
Posts: 202

Kudos [?]: 8 [1], given: 0

Re: Second-year students -- question on FAFSA/student loans [#permalink]

Show Tags

New post 26 Jan 2009, 10:51
1
This post received
KUDOS
It has been my experience that you have to re-apply every year for FAFSA loans. Speaking of which, I really need to get on that... :)

Kudos [?]: 8 [1], given: 0

Senior Manager
Senior Manager
User avatar
Joined: 31 Jul 2008
Posts: 369

Kudos [?]: 22 [0], given: 3

Location: London UK
Schools: LBS '11
Re: Second-year students -- question on FAFSA/student loans [#permalink]

Show Tags

New post 27 Jan 2009, 08:10
Thanks ishcabibble! I checked with LBS in the meantime and they confirmed the same...

Kudos [?]: 22 [0], given: 3

Re: Second-year students -- question on FAFSA/student loans   [#permalink] 27 Jan 2009, 08:10
Display posts from previous: Sort by

Second-year students -- question on FAFSA/student loans

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.