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the financial burden

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celia07

Joined: 01 Apr 2007
Posts: 2
the financial burden
Mon Apr 02, 2007 04:56 PM
Hi guys,
I have got admitted into Umich, NYU,GWU and SMU, unfortunately no scholarship in any of them. Since the financial aid is a critical factor of my pursuing a LLM, now I am really a little regret of having turned down NYU@NUS with a 35,000 scholarship. It turns out I was over-optimistic at the begining. Is it possible that there are still some position and funds opening of the NYU@NUS program, and can I explain to them my financial situation and ask to be accepted again? If not, is anyone considering paying the tuition of American law schools by loan? I also did some research of loan programs, such as that of citibank to international students without a co-signer, but the interest rate seems absurd. What should I do? I really appreciate your advice.
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Innocence

Joined: 19 Jul 2006
Posts: 34
the financial burden
Mon Apr 02, 2007 07:45 PM
Hi,
I'm in the same boat as you. I'd like to attend NYU, but the tuition and living expenses are really high and I'm afraid to take such a huge loan.
To my opinion, it depends on whether you have any job prospects.
I think you should also write them and ask about NYU@NUS and make a research on loan options in your home country. The interest rate may be substantially lower.
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celia07

Joined: 01 Apr 2007
Posts: 2
the financial burden
Tue Apr 03, 2007 02:17 PM
Thank you! It is hard for me to say taking a huge loan to pursue a LLM degree is not a huge risk. Do think twice before you decide. Good luck :)
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Lippy


Joined: 02 Apr 2007
Posts: 14
the financial burden
Thu Apr 05, 2007 01:44 PM
Thank you! It is hard for me to say taking a huge loan to pursue a LLM degree is not a huge risk. Do think twice before you decide. Good luck :)


Hi celia07, were are you from? It's very expensive for a normal person non USA-citizen to afford the cost of only one year in an USA- UNI. i'd like too...but at the moment it's impossible. And I think it will continue so. I haven't understand well what's happened to you...you had the possibility to pay or not? I'm thinking to have an american LLM but I really don't know if I will have the chance to spend it for a good opportunity of carreer....this factor is the most important...either to subscribe a loan.
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