I am returning to school at age 59...need 85 credits for a
bachelors...and then hoping to get accepted to a Master's program
I have applied to PSU in Portland,
OR for their online degree program and also
filed an online FAFSA.
I am in some very challenging times financially, unemployed
and not making much at self-employment. I will need financial aid to accomplish
completing school.
I talked briefly with the PSU financial aid office. My
understanding from them is I could be eligible for a PELL grant of about
$5800...and a max of $12, 500 in student loans. Due to late filing, I
understood there may not be any Pell money left for '09. and the $12, 500 in
loans would not be enough for tuition and help with living expenses.
Are there any other realistic opportunities for loans? Is
the cap using FAFSA a maximum of $12, 500. Is this the amount of both
subsidized and unsubsidized loans. Is there anyway I can increase this $12,500
amount higher?
Any help would be greatly appreciated
best regards,
Galen