<p>Ok, so I'm borrowing through the Stafford and Perkins Loans which are of course subsidized. Are there any actions I should take as of now if I'm borrowing? Do I fill out any forms yet, or do i wait until NYU sends me information?</p>
<p>...because I received two huge packages from HESC (or whatever the acronym is) for PLUS Loans or something like that. So if I'm not taking out PLUS loans, i should just ignore the application/process? For those incoming freshman who got PLUS loans in their package, you know what I'm talking about right, you received the same package?</p>
<p>Basically, in a nutshell</p>
<p>is there anything i have to do RIGHT NOW regarding loans/financial aid or do i just wait until NYU sends me more information? Like do i contact Citibank/Sallie Mae RIGHT NOW if i'm planning on taking out loans from them, and what about Perkins and Stafford, how does that work??</p>
<p>I'm sorry, this might be an annoying post, but I was hoping someone can fill me in</p>
<p>NYU sent me stuff about loans, HESC, Plus, etc</p>
<p>when applying ED and they offer PLUS loans, do you have the choice to not take it and deny admission? Will they let youn take other loans so that only the student will be in debt?</p>
<p>
[quote]
because I received two huge packages from HESC (or whatever the acronym is) for PLUS Loans or something like that. So if I'm not taking out PLUS loans, i should just ignore the application/process? For those incoming freshman who got PLUS loans in their package, you know what I'm talking about right, you received the same package?
[/quote]
</p>
<p>Does this mean your parents are writing the check an don't need to borrow any money? If your parents don't need a loan to finance your education, they do not have to take one.</p>
<p>well the thing is that they dont want to take a loan. Our plan is that they will pay as much they can and ill just take the loans to myself. Our problem is that since i'm applyinh ED does it mean that if we dont take the PLUS loans they offer then can I break the committment because the financial aid is not enough?</p>
<p>well my mom is planning on taking out loans from a private bank...is this a better choice over the PLUS loans? </p>
<p>and if we are doing that, do we have to do anything with those HESC things they sent us? </p>
<p>and also are the HESC packages only regarding PLUS loans or are Perkins/Stafford included? </p>
<p>and if we are taking out private loans, do we do that NOW? or wait until bursar sends you the bill?</p>
<p>sorrry about all the questions</p>