I just got accepted to my post-bac program, which I'm over the moon about, but I'm already worrying about how to finance it. The max amount I'm allowed to take out from stafford loans is $12,500 annually and for personal loans from my bank it's max $12,500 annually as well. Unfortunately, total tuition + fees for my program is over $50,000.
I have already written my financial advisor with the program, but I was also wondering what other people have done to finance this kind of an accelerated, 12-month program. Most loans seem to be set up for people doing a regular program that costs much less per year, but mine has a huge annual cost that seems daunting to cover financially.
Anyway, I was just hoping to hear other people's experiences who have been through a post-bac program as well! :) I'd love to hear from any and all of you!
Thanks for reading and I'm sorry to bother you all! Best wishes and thank you in advance!
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Hello everyone! First time posting here! :)
I just got accepted to my post-bac program, which I'm over the moon about, but I'm already worrying about how to finance it. The max amount I'm allowed to take out from stafford loans is $12,500 annually and for personal loans from my bank it's max $12,500 annually as well. Unfortunately, total tuition + fees for my program is over $50,000.
I have already written my financial advisor with the program, but I was also wondering what other people have done to finance this kind of an accelerated, 12-month program. Most loans seem to be set up for people doing a regular program that costs much less per year, but mine has a huge annual cost that seems daunting to cover financially.
Anyway, I was just hoping to hear other people's experiences who have been through a post-bac program as well! :) I'd love to hear from any and all of you!
Thanks for reading and I'm sorry to bother you all! Best wishes and thank you in advance!