Sentences with phrase «borrowing during your freshman year»

If you begin borrowing during your freshman year, and then also attend a graduate program, your obligation has eight years to accrue additional interest charges.

Not exact matches

Undergraduates may borrow up to $ 57,500 ($ 9,500 during the freshman year, $ 10,500 during the sophomore year and $ 12,500 during each subsequent year) and graduate students up to $ 138,500 including any undergraduate Stafford loans ($ 20,500 per year).

Undergraduates may borrow up to $ 31,000 ($ 5,500 during the freshman year, $ 6,500 during the sophomore year and $ 7,500 during the third, fourth and fifth years) no more than $ 23,000 of which may be subsidized ($ 3,500 during the freshman year, $ 4,500 during the sophomore year and $ 5,500 during the third, fourth and fifth years) and graduate students up to $ 65,500 including any undergraduate Stafford loans ($ 20,500 per year, no more than $ 8,500 of which may be subsidized).

A freshman who borrows the maximum $ 5,500 allowed during the 2014 - 15 school year will see the monthly payment after graduation rise by little more than $ 2.

Remember, this is just an example of borrowing one loan during your freshman year of college.