Archive for the "Financial Aid" Category

How can I obtain a private student loan with bad credit and bankruptcy?

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E A asked:


I am need to get a private loan of 7,000 to pay for housing and school and I get regected all the time. So you know where theres a bad credit student loan or a grant or 2 i can obtain?

 

What is the best type of federal loan I can get to pay for college?

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EhLyn asked:


I’ve heard of the Perkins Loan, Stafford Loan, and thos PLUS loans, but what is best for undergraduates, and which offers the most, (like the Stafford loans give $5500)? I would like to recieve a little more than that. If there are other federal loans that I should look into, I’d appreciate what you can give me.
Oh, and can I take out more than one loan?

 

How long after the delinquent student loan is paid off, can i apply for another one?

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love180 asked:


i have a delinquent student loan that is being taken out of my check and is wondering how long after the delinquent student loan is paid off can i apply for another one…or am i not eligible for one anymore?

 

How does a grad school loan work with company-reimbursed tuition?

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NUnum1 asked:


My company will reimburse my grad school tuition based on my grade for each class. Am I supposed to get a loan first and pay off the loan with the reimbursement money, or do I wait til the end of the semester to pay the tuition? Any good sites for grad school loans?

 

How does subsidized student loan interest work?

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biggishhenn asked:


I will be taking out a subsidized loan for the first time, and had a question about the interest. If I take out $2,000 at 5% interest and it is deferred until after graduation, is the interest applied right away or does it start accumulating after graduation? And if I pay off the loan before graduating, do I pay any interest?

 

Is it possible to get a private student loan without a credit history or a co-signer?

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wrestlingguy87 asked:


I currently have no credit history, and no available co-signer for a private student loan. I have exhausted my availability of government sponsered Stafford loans and Pell grants. I need a private loan in the amount of around 2000 dollars to supplement the remainder of my tuition that will be paid out-of-pocket through working on nights and weekends in two jobs.

 

How often does interest accumulate on an unsubsidized Stafford student loan from the government?

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Level T asked:


The interest rate on an unsubsidized Stafford student loan is 6.8%. How often does interest acculumate on such a loan? For example, if my loan is $5000, how do I calculate when and how much interest is capitalized onto the loan. Thank you for your help.

 

Is it possible to get a student loan from a bank without a cosigner?

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Katastic asked:


I need to get a student loan for school for around $40,000, but I have no one to cosign for me. Can I get a bank to cosign? Is there any other options for me to get a loan without having to have a cosigner? I really need help!

 

What is the best type of student loan (fastest to get, lowest interest?

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kacey asked:


I have gotten all the Stafford loans that I can this semester. I need another loan to cover my living expenses. Any advice?