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**vioppyskype** · 03-09-2010, 04:28 AM

Its not really free, its 'if you work for us, we will pay it for you, if not, then you have to pay us back'.

IMO it can't hurt to get the grant, since you might get a position at a school which qualifies, work there for 4 years, and never have to pay it back. At worst, you do have to pay it back later on, but you don't have an additional 16k of debt on your back immediately out of school.

I agree with this. Worst case scenario it turns into a stafford loan which is pretty low. However what you may want to look at is the salary difference between a "prissy high-end" school and a low income school. The free money now could cost you a lot more later.

03-09-2010, 04:28 AM	#3
vioppyskype Join Date Oct 2005 Posts 477 Senior Member	Its not really free, its 'if you work for us, we will pay it for you, if not, then you have to pay us back'. IMO it can't hurt to get the grant, since you might get a position at a school which qualifies, work there for 4 years, and never have to pay it back. At worst, you do have to pay it back later on, but you don't have an additional 16k of debt on your back immediately out of school. I agree with this. Worst case scenario it turns into a stafford loan which is pretty low. However what you may want to look at is the salary difference between a "prissy high-end" school and a low income school. The free money now could cost you a lot more later.
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