ST Alpha - "Unclear. She says she filled out the FAFSA forms and they gave her money." (Reading a Post)

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In response to "brag-brag about that. that's terrific. what's the grant for? -- nm" by prayformojo

Unclear. She says she filled out the FAFSA forms and they gave her money.

Posted by Mop🧹 (aka rburriel) Jul 14 '24, 10:42

She has considered the whole "take the loans, too, put 'em in a high yield interest account, then pay them back in full when they're due" but she hasn't pulled the trigger on that.

She does get a discount on school because both mom and dad work at the university, and that's where we thought things would get adjusted with her sophomore year, yet that didn't happen.

Responses:

What’s the interest rate on student loans these days? - znufrii Jul 14, 11:03 3
- I think it's zero until you graduate, no? So long as you pay them off on day 1, you can reap all the benefits of a high interest savings account. -- nm - Mop🧹 Jul 14, 11:09 2
  - At least from when they were relevant to me there were two types, subsidized and unsubsidized. They might have changed it since. -- (edited) - znufrii Jul 14, 11:14 1
    - This has not changed. -- nm - kelly Jul 14, 11:53

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Unclear. She says she filled out the FAFSA forms and they gave her money.

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