A post-bacc program director recently told me that it might be much more difficult to score federal financial aid for retaking classes. I’m looking at a few programs but don’t have the 40K buried in my backyard should I be denied federal loans.
Has anyone encountered this?
I got $12,500 from the government, but the rest I took out in private loans. Not ideal, given the outrageous interest rates, but it’s what I had to do. Note that you may need a cosigner for this type of loan, even if you have decent credit, as banks are extremely wary these days.
A less expensive alternative is a DIY post-bac, say at a state school, where tuition would be much cheaper than at a formal/private program.