Borrowing amounts with PLUS and TMS

<p>So I'll compare 2 of my school's financial aid packages: School A has a balance of $9554 for me to cover (my cheapest so far) and school B has a balance of $14,486 to cover (my most expensive so far, about the same as my local state school.) The difference between the 2 is about 5k, but I'd much rather go to school B, the more expensive school. The financial aid documents mention the Fed Parent PLUS loan with a fixed interest rate, which I think I could get, and both schools have a TMS interest-free program which lets you spread the payments out over a year. You can do a combination I guess, which is what I'd have to do. Is a 5k difference too much to say "I'm going to the more expensive school?"</p>

<p>My parents are not contributing, so I'd have to borrow the amounts shown.</p>

<p>Students do not take out the Plus loan, parents do.
TMS is a helpful program, provided you have income to cover costs, do you?</p>