| By Tenisghs (Tenisghs) on Friday, April 11, 2003 - 10:16 pm: Edit |
Obviously I am in financial trouble.
Northwestern - can we saw screwy FinAid? I received $9300 grant money and a $28000 NPSL loan. We don't exactly have to pay $28,000 if there are outside scholarships, etc. In the future, I may only have to pay an $18,000 loan instead of the total $28,000 they offer. The interest rate is 4.60% and the repayment period is eight years. "Borrowing through this program enables families to ease cash flow demands and protect savings and assets. No origination or insurance fees are charged." This is a parent/student loan.
My mom and I will try to negotiate with NU's financial aid to give us more grant money. They are expecting US (if we reject the loan) to pay $31000!!! If we can't get to a clear agreement to lower the possible financial commitment to less than $25000, I will ditch this school.
What do ya think?
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