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  #11 (permalink)  
Old 06-09-2007, 05:06 PM
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Important - Financial Aid Award Letter

If I am correct, beginning with Sept. 2007 term you will no longer receive your Financial Aid Award Letter by mail.

Therefore, all current Ross Students and (most likely) those starting in Sept. 2007, please check your "MyRoss" Account under Financial Aid TAB.

Your Financial Aid Award is already posted on your "MyRoss" account under Financial Aid.

You must go in your account and accept the award for loan process to start. Longer you delay it, more delay you will encounter getting your Stafford and GradPlus Loans on time.

Delay in GradPlus will create lot of hardship as that money you will need to pay your rent, food and other expenses.

This is not new. Majority of US Universities have started same process for last 2 - 3 years. They post all award letters and tution bills only on students university account. They no longer send any Financial Aid Award Letter or Tution Bills by mail, and they also don't remind students to check their University acccounts.
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  #12 (permalink)  
Old 06-09-2007, 05:47 PM
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Quote:
Originally Posted by docdad View Post
Your award letter is for all three semester. Your total loans with Stafford and GradPlus is $71010.
.

holy moly!!! i thought ross was supposed to be cheaper than sgu??!!! So then why are you budgeted 17K more than sgu for attendance???
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  #13 (permalink)  
Old 06-09-2007, 07:05 PM
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Quote:
Originally Posted by rokshana View Post
holy moly!!! i thought ross was supposed to be cheaper than sgu??!!! So then why are you budgeted 17K more than sgu for attendance???
Is the total $54,000 t SGU for 2 semester, i.e. one year? If yes, than SGU is $81,000 foe 3 semester. If you deduct expenses for 4 months you will stay at SGU for your 3rd semester, than cost will be either equal to Ross, i.e. $71,000 for 12 months or little more

Tution and fees total for 3 semester is about $36000, i.e. about $12,000 per semester.

Remainder are for books, food, rent, travel and other expenses. It is up to individual how they spend. Normally this other expense including books and travels runs approx. $6-8000 per semester
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  #14 (permalink)  
Old 06-09-2007, 07:11 PM
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What if you're a merp student do you have to wait till merp is over or do you have to do that now?
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  #15 (permalink)  
Old 06-24-2007, 09:43 PM
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I just have two, probably relatively easy, questions:

1. Has anyone tried another lender? And if so, why? Do they have lower rates?

2. I know for the unsubsidized and the Grad Plus, interest rates are not paid by the US Dept of Ed while your in school, so you have to pay the interest rate while your in school correct? If you cant tell I'm not really up to date on the details of loans. I didnt have to get any while in undergrad. I always thought that no payments would have to be paid while your still in school, but from my understanding, with these loans you have to pay your monthly interest while your in school in dominica. Correct me if I'm wrong, thanks
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  #16 (permalink)  
Old 06-24-2007, 09:57 PM
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Quote:
Originally Posted by docdad View Post
Is the total $54,000 t SGU for 2 semester, i.e. one year? If yes, than SGU is $81,000 foe 3 semester. If you deduct expenses for 4 months you will stay at SGU for your 3rd semester, than cost will be either equal to Ross, i.e. $71,000 for 12 months or little more

Tution and fees total for 3 semester is about $36000, i.e. about $12,000 per semester.

Remainder are for books, food, rent, travel and other expenses. It is up to individual how they spend. Normally this other expense including books and travels runs approx. $6-8000 per semester
sgu is ~ 54K total per year - some years have 2 terms others 3, but then the 3 term years still add up to 54K- the 3 term years have a little 6 week term, but then the other 2 terms are shortened by a total of 6 weeks- never 81K.

tuition going up going up in sept- *sigh*- to 36k per year, but that's only a grand more than now.
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GI Elective []......Wards []
Wards [] ............Night Float []
MICU [] .............Wards []
Wards [] ............CCU []
Elective!![]......... PGY 1 1/2 []
VACATION!!!! [] .Move Complete[]
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  #17 (permalink)  
Old 06-24-2007, 10:27 PM
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you can defer the interest payments until after graduation. It's an option on the paperwork.
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