I have to make sure I have the financial aid to cover one year. If I do, I will apply. It seems like the wisest choice and it's only for a year. But, if I don't get the GRAD Plus loan, I'll be forced to leave the dorm b/c I won't be enrolled as a student technically anymore. I should find out soon (by the end of June at the latest) if I get the GRAD Plus loan. I'm mortified that I am in this situation b/c I have only myself to blame.