Financial Aid for college.. the specifics of a federal parent loan?

pammy girl 529

New member
For one school I have been accepted to.. the cost of attendance is 47,000 a year and I have been awarded 45,000 a year! Sounds great, right? Well.. part of the money was scholarships and grants.. but a huge portion of it (18,000 dollars) is a federal parent loan.

Is there high interests on this loan? How exactly does it work? Would it be smart to still look at this school?


Thank you for all of the great advice!

:)
 
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