I’m graduating this December (and all my ducks are in a row for it - as long as I pass the two classes I’m taking that are necessary for it (Intro to Philosophy and Beginning Swimming)), and I’ve got some major expenses to work out, available upon request, but they’re not important for the purposes of this discussion.
My question is this: The government says that I can take out 5500 dollars a year in unsubsidized Stafford loans (Subsidized ones don’t matter to me - my parents make too much money that I never see). I’d like to take out that much (or slightly less) as a loan for the fall, but the school tells me that I can’t take out more than 2750 in one semester, because of Federal regulation. I call bunk, because my roommate is in the same situation, and she is having no problem with it.
I see that I can apply for a Stafford online through a government website. Will this allow me to skirt the school’s imposition on me re:funding, or can the school block it once the government’s let it go through? Or do I have any other recourse, since the director of financial aid herself has told me (via email) that I can’t do anything with my extra availability?