<p>I have a 22k loan cap and I already used 6k of it in my first year. </p>
<p>By eliminating my meal plan, and because of pell grants (3800! woot!) and new reduced EFC (I don't know if I have a new loan cap), I apparently may have up a surplus of 200 without loans, whereas last year I had no pell grants and had to accept all loans and still had to pay on the side. </p>
<p>Should I accept some of the loans since I have a loan cap? Should I just ignore the loan cap in my decision?</p>
<p>(It's too bad I can't use any loans that count towards the loan cap for summer school wahhhh.)</p>
<p>Also, even though my EFC has decreased from 5000 to 1500, my loan cap hasn't changed. Is it possible to get an update?</p>