For some students, their financial aid is more than enough to cover the cost of school. This is especially true for some half-time students. So, by requesting the maximum loan amounts, you may actually be increasing your loan debt unnecessarily and increasing the cost of paying for school. Be sure to talk to your financial aid advisor whenever you are signing loan paperwork to ensure you are taking out the correct amounts.
If you have extra funds, you may be able to take another credit or two. For those of you who just have enough funds, or not quite enough for half-time status, there are loan options available to get additional funding to take more classes.
Studies have shown that students who go to school full-time are not only more likely to graduate; they are more likely to graduate on-time. It may be demanding to attend school full-time and work, but you will be graduating and entering your chosen job field sooner.
If you want to learn more about your options so you can take more classes and maybe graduate a little sooner, stop into the financial aid office and talk with your financial aid advisor.