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    romdoc is offline Senior Member 510 points
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    tuition question please

    hello,

    I just received my acceptance package and it says that $4,000 are due by October 1st and the rest of the tuition is due on December 1st. Can that be possible? I plan to apply for federal and private loans, are these funds disbursed to me before December 1st? Also what private loan company would one recommend, considering my credit score is 780 and I dont want to use a cosigner unless I have to.

    thanks.

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    IndianBabu is offline Senior Member 510 points
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    Quote Originally Posted by Rico
    Hey Buddy,

    I went with RBC, out of curiosity, which company or bank did you use?

    Rico
    You went with RBC? Don't you have to pay monthly interest payments on that loan? Just curious.

    I went with Ed-Invest on my own signature, plus scholarship.


    IndianBabu
    SGU SOM, Class of 2009
    An ex-samosa technician with a big heart from Canada.

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    emt036 is offline Elite Member 510 points
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    Quote Originally Posted by thebegonia
    origination fee??
    Origination fee is the amount added on top of the loan principal (the amount you are borrowing) as a fee to loan the money to you. Ranges from 0-10% depending on company.

    i.e. if you borrow $10,000, and the origination fee is 10%, then the amount you have to pay back is $11,000, plus interest. (if i can do math.)

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