The Loan

Surprise surprise I had to end up taking a loan out for Mills! Well, no surprise there since on Mills' website, the estimated cost of attendance is $52,706.00. Obviously, I cannot afford this hefty tuition expense, and Mills and the Fed know this, so they kindly gave me $21,500 in financial aid a year to help out a little bit. Wait, though! This can't possibly cover the $52,706 that you mentioned before! True oh so true...thus the $55,000 loan provided by Wells Fargo. I did a lot of research before taking out this loan and discovered that right now they are the biggest private lender providing the lowest APR %'s in this part of the country (as far as I could tell) and so I ended up choosing Wells to finance my college endeavor. As it turns out, my APR was to be a whopping 7.24%! Ew. I guess I'm going to be paying out the rear end for 15 years come my pending graduation in 2012. It's a long time coming, though. I've been waiting for this opportunity my entire life. To be accepted to and to attend a prestigious college in the bay area. Dreams really do come true...

25 days and counting...