Muhlenberg SLIP Program

Hi Lawrela,

I just applied to the slip program yesterday through JFK. I am also going to Muhlenberg. I have all the paper work. I just read it over last night and it seems like a good deal. They seem to be very weary of giving out info on this program and every one I have spoke to about it seems to be very discouraging. I was told because many people have defaulted on the program. anyway if you want You can private message me and I can give you all the specifics that I know. Who I talk to and stuff like that

Hope to hear from you soon .

Amy

Hi Lawrela,

I just applied to the slip program yesterday through JFK. I am also going to Muhlenberg. I have all the paper work. I just read it over last night and it seems like a good deal. They seem to be very weary of giving out info on this program and every one I have spoke to about it seems to be very discouraging. I was told because many people have defaulted on the program. anyway if you want You can private message me and I can give you all the specifics that I know. Who I talk to and stuff like that

Hope to hear from you soon .

Amy

jfk is sooooo short!

i think many sign on and then when they get work somewhere better default and pay the loan back with their new salary.

it is easier to get a loan once you're making money.

if i were a student now i would take the loan out through stafford and pay it back once you're working. take the upper division chemistry etc and make sure to go back and get your bsn when your new job offers tuition reimbursement!

Yea, I looked into the SLIP, there is a 20% interest default penalty. I have saved enough $$, to get me through 1st & second semester, its just my last year. But then my husband said it would be wiser and cheaper to take out a home equity loan for those 2 semesters. This way I am not forced into any shift that they throw me, and we can relocate after graduation if we want.

Thanks for the advice.

Lawrela