Help, got accepted for summer but worried about financial aid.

Published

Hi! I got accepted in the nursing program this summer at TAMU-CC but worried I might not have enough money for the tuition. I do have student loan (Subsidized Stafford loan) and I usually receive it during Spring and Fall. For the Spring 2011 i had an offer for unsubsidized loan too but rejected it and I just did my FAFSA for 2011-2012. The financial aid at the university cannot tell me information if I will be able to get a loan for the summer, she said I have to wait when they start granting. My question is do they disburse federal student loan both subsidized and unsubsidized during summer. Any info will be appreciated. Thanks.

Up Vote Up Vote ×

Yes, both loans are disbursed during the summer. Why did you turn down the unsubsidized loan? I think you can reapply if you need additional funding for school.

Up Vote Up Vote ×

Thanks gumby1411! I rejected it because I went half-time only and the subsidized loan was already enough to cover my school expenses plus I am afraid of having too BIG student loan so I only want to borrow what i need. I really appreciate your response, now i can rest my mind. :)

Up Vote Up Vote ×

I completely understand about not wanting too many student loans, but I had to take them out in order to go back to school. The sooner I'm done, the sooner I'm making money, and the sooner I can repay my loans. :rolleyes: Good luck with the financial stuff, I know how much of a pain it is to figure it all out!

Up Vote Up Vote ×

You're right, now I am considering getting bigger loan just in case i quit my job if it's too much to study and work full time. Good luck on your studies :)

Up Vote Up Vote ×
+ Join the Discussion