Financial Aid for online master program

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Financial Aid for online master program

Postby canonrock » Sun Mar 17, 2013 7:06 am

Planning to use financial to cover tuition of either master or JD program. I will take it online. My question is can I borrow money for cost of living? If I go for an online JD program, it will takes 3 to 4 years. I wonder how much can I borrow to cover for rents and food. Any ideas? Thanks
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Re: Financial Aid for online master program

Postby SteveFoerster » Sun Mar 17, 2013 2:48 pm

If you're planning to do it this way, it sounds like you wouldn't otherwise be working. In this case, don't do one online, do one on campus at an ABA-acccredited school, and the best regarded one that will admit you.

Even then it sounds like crushing debt and huge opportunity cost of time for a very uncertain return. But it's your life.
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Re: Financial Aid for online master program

Postby canonrock » Mon Mar 25, 2013 6:12 pm

Hello everyone,

I am going for a second Bachelor degree: Total tuition costs $42,025.00. Since this will be my second bachelor degree i won't qualify for the pell grant, but am i eligible for 12,500 per year in Direct Subsidized Loans and Direct Unsubsidized Loans? I mean they should consider me a senior student for each year until i graduate. any idea?
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Re: Financial Aid for online master program

Postby mattchand » Sun Aug 18, 2013 7:30 pm

canonrock wrote:Hello everyone,

I am going for a second Bachelor degree: Total tuition costs $42,025.00. Since this will be my second bachelor degree i won't qualify for the pell grant, but am i eligible for 12,500 per year in Direct Subsidized Loans and Direct Unsubsidized Loans? I mean they should consider me a senior student for each year until i graduate. any idea?


Are you sure you really need to take on $50K in debt just for a 2nd bachelor's degree?
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