Grad School Funding
Graduate and professional students often graduate with far more debt than undergraduate students. However, there are a variety of financial aid options to help fund your advanced degree. The specifics vary according to the type of degree you are seeking. The two main options are student loans (which must be repaid, with interest) and scholarships. With borrowed money, maximum interest rates are regulated for all federally-guaranteed loans. Many lenders choose to lower the interest rates to attract borrowers, and federal education loans tend to offer lower interest rates and more flexible payback plans than regular consumer loans. […]