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How to handle student loans when employer reimburses over time

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I’m currently in a graduate program where I don’t qualify for FAFSA because I don’t take enough courses per term,  so my option (as far as I know) are personal loans.


my current situation is that my employer will reimburse 100% for my school,  but they have an annual  limit.  What this means is that while it may take me 3 years to graduate,  it’ll take 6 years for me to be fully reimbursed.  


What this also means is that I’m going to have a rolling debt for the next 6 years.


what I had in mind is that I want to use student loans to offset the tuition,  and for every year that I get reimbursed by my employer,  I’m going to apply that to the loan.


is this the best way to go about this, in order to minimize interest charges?  I’ve never had student loans before so I don’t know what that looks like in terms of how much interest I have to pay.  I don’t want to get in a situation where I pay interest for years before principal even applied.

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