Why is creating a budget for a graduate degree before applying for loans recommended?
Creating a budget for a graduate degree is recommended before applying for loans to better estimate the amount needed to borrow and to help control expenses throughout the program.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
Why is creating a budget for a graduate degree before applying for loans recommended?

### Input: Not applicable

### Response:
Creating a budget for a graduate degree is recommended before applying for loans to better estimate the amount needed to borrow and to help control expenses throughout the program.<|im_end|>