Hi, I wanted to get some advice from those who have borrowed Grad plus loans before. FAFSA websites say that you can borrow up to the cost of attendance minus loans and scholarships. My issue is that I will be living off campus and I don't understand if these loans will cover my living expenses or just tuition. In undergrad I had the option to maximize my loans and borrow up to my liking (with a limit of course). Does the grad plus loan have a similar feature or are they just going to estimate it for me. I need 55K for school and about 25-30K for living.
Additionally, if I were to try to get private loans how high would my credit need to be. My credit is around 690-710. Would companies even give me a loan of 80K or am I just stuck with fed loans. I have no cosigners btw.
Thanks for the help.