<prompt> Human: Hi PF! Im excited to say that I was recently accepted into an MBA program and am now looking for advice on how to finance it. First off, I should mention that while I do have undergraduate loans remaining, over the last two years Ive manged to knock them down to about 10k all around 437; IR by paying 1kmo. I plan on continuing this until they are all paid in full. The program I plan to attend will cost around 70k to graduate. The company I work for has a reimbursement program available that will award 10kyear with some pretty standard stipulations. Unfortunately, this amount is paid directly to me which will be taxed and have a buying power of around 6kyear. I plan to spread the degree over 4 years to maximize the company contribution therefore netting approximately 25k which leaves 45k to be paid by me. What are some good options for me to pursue for taking care of these loans? As some final notes, I MUST pay the tuition fees up front every semester and they will be reimbursed at the end granted I have good enough grades. Quick math tells me 70k12 semesters 6k I need to put up every semester. I assume I have the option for graduate PLUS loans which are around 6.537; interest so I dont want to rack up a huge principal. Should I use some cash to help finance the program while Im in school? Should I simply keep taking out loans? Fortunately I do live with my parents which frees up some cash and make around 60kyear.Happy to hear all advice!  <response>: It sounds like you have a good plan. I would personally start paying minimums on my undergrad loans to free up money to spend on grad school tuition, as grad school loan rates are much higher. 