<p>If I only take 5 or 6 credit hours a semester as a grad student (half time or more), am I still eligible for the full $20,500 per year if the school and living expenses (expected need) is at least that high still even at those reduced credits? Or do I have to be full-time (9 or more credit hours) to be eligible for the max amounts per year? In other words, I'm wondering if I can better afford to go to grad school only going part time, but still at enough credit hours to qualify for student loans (half time or more) and just stretch the degree out longer. Anyone know?</p>
<p>It really depends on the school. Each school sets a cost of attendance, and they can award aid up to (but not in excess of) the COA. If the school uses a full time COA for all students & awards loans up to the FT COA for all students who are at least half time, you would be eligible for more in loans than you would if the school’s policy is to use a half time COA for students enrolled HT.</p>
<p>You need to look at each school’s website to find their policies. If you aren’t sure, give them a call.</p>