So, I have been paying for my college tuition with student loans, and I think my student loan funds only cover the 2010-2011 school year. I won’t have enough for the summer sessions. So, do I need to separately reapply for summer student loan funds?
They don’t do separate loans for the summer session. You could try getting a summer job to pay for it.
I would like to go back to college.
I currently have one student loan paid off, and 2 more are in deferment. I don’t have the money to take out more loans.
Is there a way I can go back to school but not have to take out or minimize the amount I have to borrow in student loans?
Thanks,
~ Andy
use only the pell-grant amount awarded (if any)
use work-study
work full-time while in school (many people work full-time while in a heavy-load full-time school situation)
Do I have to pay anything while I’m in school?
Does whoever cosigns have to pay anything while i’m in school?
How does the interest usually work?
How many years do I have to pay back student loans?
How big of a student loan can i get?
Loans for students help the student to deal with all the expenses that are to be incurred during his education phase like it includes entire cost of the student’s education from tuition fees, accommodation, books, and computers to transportation and many more.
http://loan–house.blogspot.com/2008/03/student-education-loan.html
Many Banks, financial institutions, online lenders etc are ready to offer the loans for students. But students considering their precious time and finds easy to via online as it provides easy access than other source. There are a large number of requirements other than college or course fees.
http://loan-house.we.bs/studentloan.html
Some of the most crucial are computer expense, hostel charges, and books and so on. The best college student loans are one which comprises all such expenses. But, to qualify for any such one, you have to give it your best shot as far search is concerned. Such purpose can be accomplished by exploring World Wide Web. You will find an innumerable number of lenders offering college student loans.
IS this true, that, cghildren of Senators and Congressmen are excused form paying back their Student Loans? That, these famiies receive free dental care and half their congressional salary for LIFE, even after even one term in office? That, they are now introducing legislation to excuse THEMSELVES from Health Care Reform? Are they a new aristocracy or something?
<3 Ridiculous isn’t it? I’m not sure how true it is, but I’ve heard all of that as well.
I’ve not been a student for many years now, but it’s been in the news that loan payments will be late. Why is this system still so appalling?
It seems that education is only first priority for those who have rich parents…
If they pulled their fingers out,maybe more kids from disadvantaged backgrounds would go to University.
I am looking to join the Coast Guard and I have student loans that I need to pay off. Will this disqualify me from being able to enlist?
No they will not as long as you are paying them back.
I am attending college in a few days, and I am interested in taking out a student loan. However, I want to take out a 20,000 loan for one year of school, and I do not have/want a co-signer. I am not sure what loans would be the best for me or which one I have the best chance of being accepted for. Time is of essence; so, I need a loan that would process quickly. Please help me.
The only student loans that do not require a cosigner are federal student loans. The Stafford loan has a fixed interest rate of 6.8%
To apply you go to http://fafsa.ed.gov
You are a bit late for fall semester though, everyone starting school now did their fafsas back in Feb/March. If you have not done this fafsa yet, you may have to wait until Spring to start school. Oh, and the max you can borrow is NOT 20K. For dependent freshman is 5,500 a year. Independent freshman is 7500 a year.
Find a cheaper school if your tuition is more than that.
I got this letter from direct loans, the u.s department of education telling me i have a balance of about 72 on interest on my student loans. should i pay this off right now or wait until i graduate? I was under the impression that I wasn’t going to have to pay anything until about six months after graduation :l.
help?
I have the same type of loan, I deferred the loan for a year or so, you can do the same thing by calling and tell them that you’re not financially ready to start making payments. If you’re ready yes, you should start making payments ASAP before that amount keep increasing more and more.
Is there any difference, also is there a difference between a federal loan offered to a student versus a federal loan offered to a parent of a student?
I used to be a student loan specialist. It is ashame that college students are not educated about this. They only realized the difference till their loans are in default. Trust me it is very difficult to get these loans out of default.
Here is the difference between the two.
Federal Student Loans are backed by the government. With that being said follows different regulations then private loans. Interest rates, as well as certain rights as it relates to forbearance and deferment. No one can force you to pay on your federal student loans, if you do not have a job or means of income. You have a right to forbearance and deferment. same applies to PLUS Parent Loan for Undergraduate Students, this is a federal loan as well. Every federal loan comes as a result of FAFSA. These loans are very easy to consolidate verses private loans.
As for private loans, this doesn’t come as a result of FAFSA. This comes as a result of your inituitive to meet the complete cost of college. These loans do have forbearance and deferrment rights. Their rights are not the same as if you had a federal loan. Some private loan companies, may require you to pay a fee for deferment, and might limit the amout of times you can request deferment before paying the balance owed. There are penalties associated with private loans. These loans are harder to consolidate than federal loans.
The difference between a federal loan offered to a student versus a federal loan offered to a parent of a student is liability. A federal loan offered to a student is under that student’s name, hence the student’s responsibility to pay for it. As for a federal loan offered to a parent of a student it is the parent total responsibility to pay back the loan, rather than the student.
I wanted to see where people would reccomend a person gets a student loan from to pay for college tuition. You know good rates and you don’t have to pay til you graduate.
CitiAssist is pretty good, as they have very low interest rates and a good repayment plan; it’s what I’m using this year. However, since they deal directly with the school, you can’t use part of your loan money for books, or any other cost not included in tuition.
By the way, just as a warning, several people are going to copy and paste scams into an answer. Don’t believe anyone who starts their answer with, “Hello, I am —- from this and this loan company.” Their e-mail is usually something like wewontcheatyouweswearloanco@ yahoo.com. Don’t trust anyone who doesn’t have a reputable looking web-site, and thoroughly research ANY loan company you decide to use.
Good luck!