Student loans for part-time grad student?
I’m a new grad student and my program only offers 2 classes each of the three semesters, fall, spring, and summer. Being a half-time student taking 6 hours instead of the normal full-time 9 hours will I still be able to get the full $20,500 stafford loan?
I know going half-time reduces your loan amounts for undergrad, but I’m not sure if grad school follows the same rules.
Thanks!
Yes, it will reduce the amount you can borrow. NOTE: Half of 9 hours is not 6. Half of 9 is 4.5