Can I Take Out Any Amount I Want in Private Student Loans?

Posted on October 30, 2009
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The financial aid officer determines the total financial aid package for each student and calculates the student’s unmet financial need by using the Cost of Attendance (COA) and deducting from this figure the Expected Family Contribution (EFC) and any grants, scholarships, and federal loans the student will be receiving for the current enrollment period.

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