How much can a student actually borrow while at Rice?
Rice will make an initial offer of student loans in a need-based package. These loan amounts might be increased, however, if special circumstances are submitted or if the student requests to borrow more to assist with the family contribution or other expenses. Under the Stafford Programs the maximum a dependent student can borrow each year is $2,625/freshman; $3,500/sophomore; $5,500/junior; $5,500/senior. Stafford loans do not require a parent to be a cosigner. Private, alternative loans are also available and may or may not require a parent to cosign. 15.
Related Questions
- Can a school deny a students eligibility to borrow a Federal Stafford Loan based solely on the fact that his or her parent has defaulted on a Federal PLUS Loan?
- How will NACE, or the Rice University Center for Student Professional Development, use the personally identifiable information collected?
- How much can a student actually borrow while at Rice?
