There are NO CAPS on Grad+ loans. There are only caps on undergraduate loans. Once you are in grad school, loan caps go away. There is still a limit on Sub/Unsub loans, but Grad+ loans cover the remaining need without caps.Thanks Patrick! I saw your post, and it was tremendously helpful. I will look into this more as well, but there exists a cap on how many federal loans a student may take out, and I'm fairly confident I would need to exceed that cap over my 3 years at Columbia, most certainly if they will factor in my undergraduate loans.
My credit score is good enough to get favorable rates for private loans, but deferral might make more sense, as I have advanced to the final interview for a very very good job at Fox/Disney.
Ask around, private loans are a mistake.