<p>luluzg, Did you get the full-tuition as Levy Scholar ? And did you get any other student loan or need-based aid ?</p>
<p>I got the levy only and some loan that im gonna reject. U?</p>
<p>still waiting.</p>
<p>oh, by the way, I received Bard’s acceptance letter by mail (I’m intl) and there was only a single letter - the same that I got in the e-mail. Will they send like big packages with some fun stuff when they will send everything with the fin aid ?</p>
<p>Have no idea. I strongly hope they’ll send some fun stuff</p>
<p>bdw i got my package in junk mail so check urs</p>
<p>Sorry guys, Bard isn’t into the big fancy marketing packages. Hope you got some of those ‘fun’ acceptances from somewhere else, for your collections.</p>
<p>Luluzg - before you reject the loan, compare the terms to the loan you’re planning to get in your home country. And, even if you don’t get work-study - there are still jobs available on campus for spending money (although harder to get.)</p>
<p>ah its ok, i got the scholarship, thats all what matters :)</p>
<p>i will but not really sure about bard’s. I was reading about the loan at [Financial</a> Aid | International Students Financial Aid](<a href=“http://www.bard.edu/financialaid/international/]Financial”>Financial Aid for International Students) but didn’t understand the repayment procedure.
Could you please explain it? As far as I understood, I’d repay the principal over 10 months and another 2 months I’d repay the principal together with the interest. When I repay 4/5 of the
loan, I’d start repaying the principle and the interest together each month?</p>
<p>oh, what a pitty. as an intl i can’t really visit the campus so I hoped to get some ‘fun stuff’ to visualize and learn more about Bard. but its okay.</p>
<p>I received the e-mail and it was also in SPAM, so for those still waiting - check your junk mail. good luck :)</p>
<p>Luluzg - Always ask your questions of the financial aid office directly - as any advice on CC will not necessarily be accurate. </p>
<p>That said - my reading of your link for Bard’s international student loans is that the pertinent info is that the interest rate is 9%. That you will not need to start paying off your loan until one year after you graduate. That there will be no interest accumulating while you’re enrolled (this might be quite different from your European loan.) One year after graduation you will start making payments twice a year which will include both principal and interest - divided up so that at the end of five years the loan is paid off.</p>
<p>You may be able to get a loan with a much lower interest rate than 9%. But check when you will need to start repaying that loan, and when the interest begins to accumulate. Can your parents help you evaluate these things? It’s possible - if you share with the Financial Aid office the terms of the loan you have at home, with theirs, they can help you determine which one would be best for you.</p>
<p>santiago - how was ur package?</p>
<p>spirit- tnx a lot! we were reading it but were kinda confused. my mum is a financial expert (not sure how to translate it into eng) so im sure she’ll evalute all those loans. the loan from the local bank has an interest rate of 6.7% that is startring to accumulate after graduation and has to repaid after graduation within 11 years.</p>
<p>That local loan definitely sounds better - it will be easier to pay off.</p>
<p>Yep it does, especially those 11 years. You can also repay it sooner but would have higher monthly instalment so I guess it will depend on how much money I’ll be making. I’m sure I’ll make enough money to repay it in 11 years coz it’d be sad if I wouldn’t</p>