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Q: 2nd Undergraduate Degree ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: 2nd Undergraduate Degree
Category: Reference, Education and News > Education
Asked by: johnnyd7-ga
List Price: $10.00
Posted: 01 Jul 2003 12:26 PDT
Expires: 31 Jul 2003 12:26 PDT
Question ID: 223975
funding:

Loan Limits under The Educational Resource Institiute (TERI).
Answer  
Subject: Re: 2nd Undergraduate Degree
Answered By: websearcher-ga on 01 Jul 2003 12:53 PDT
Rated:5 out of 5 stars
 
Hello johnnyd7:

Thanks for the interesting question. 

I have visited the TERI website at:

TERI Education Loans
URL: http://www.teri.org/main.html

and I also called their 1-800 number (1-800-255-TERI) and spoke with a
Customer Service Representative.

I was assured on the phone that the fact that you are pursuing your
*second* undergraduate degree has no bearing on your eligibility nor
the amount you can borrow.

The amount you can borrow is "from $1,000 to the full cost of
education less any financial aid received."

Source: Undergraduate Loans
URL: http://www.teri.org/lp_undergrad.html

I also asked them since there were "caps" on the amounts for Graduate
and Health Professional loans, whether there were any similar limits
to Undergraduate loans. I was assured there are not. You can borrow
whatever amount the schooling costs (that is, whatever the
TERI-approved school will certify as your cost) plus additional funds
for books, living expenses, etc.

Eligibility requirements for undergraduate loans can be found at:

Undergraduate Loans Eligibility 
URL: http://www.teri.org/lp_undergrad.html# (click on the Eligibility
link on the far left)

To apply for a TERI loan see:

How Do I Apply For a Loan? 
URL: http://www.teri.org/howto.html

Other information can be found throughout their website and at:

Frequently Asked Questions
http://www.teri.org/faqs.html


I hope this information helps with your research.   
                            
If you need any clarification of the information I have provided,
please ask using the clarification feature and provide me with
additional details as to what you are looking for. As well, please
allow me to provide you with clarification(s) *before* you rate this
answer.
                            
Thank you.                             
                            
websearcher-ga                             
                                              
  
Search Strategy (on Google):    

The Educational Resource Institute
johnnyd7-ga rated this answer:5 out of 5 stars
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