Archive for the ‘Financial Aid’ Category
Saturday, May 9th, 2009
bbrrpf asked: I have $100,000 in private student loans from two lenders. The interest rate is over 10%. Is there a way to get another loan to pay this off at a lower interest rate? What kind of debt consolidation program should I consult? Most student loan companies only deal with Federal loans it seems. I keep seeing ads for mortgage loans with low monthly payments– is there something similar I could get for a personal loan? THANKS!
Martha
Tags: Debt Consolidation Program, Federal Loans, Interest Rate, Private Loans, Student Loan
Posted in Financial Aid | Comments Off
Friday, May 8th, 2009
Alex asked: I just transferred undergraduate schools and still have some student loans from my previous school (Sallie Mae and Federal Direct loans). Is there some sort of clearing house that my new enrollment status will be sent to so that the loan agencies know that I haven’t just stopped going to school (and thus cause my loan payments to become due)? Or must I obtain enrollment verification from my current school and send it to each loan agency myself?
Willie
Tags: Enrollment Status, Federal Direct Loans, Loan Agencies, Loan Payments, Undergraduate Schools
Posted in Financial Aid | 1 Comment »
Thursday, May 7th, 2009
4U2NV asked: Subsidized loans for college, says the goverment pays the interest as I attend school at least on a half time student. Which is 6 credits a semester. But what if I only take one (3credit class) or even take the entire summer off? Will I be responsible to start paying for my loans, even if I would go back in the Fall Semester?
Wayne
Tags: Fall Semester, Goverment, Half Time, Subsidized Loans, Time Student
Posted in Financial Aid | 2 Comments »
Tuesday, May 5th, 2009
Georgia_Rulex91 asked: After the completion of Fafsa and such, I only need $11,000 or so to pay for my upcoming freshmen year of college tuition. My parents are unwilling to sign loans for me to go and I can’t guarantee that the private scholarships I’ve applied for will be enough to cover the remaining costs. Is there anyway at only 17 I can get loans myself or come up with the money before my freshmen year begins in august. Please help.
Larry
Tags: Guarantee, Loans, Money, Parents, Private Scholarships
Posted in Financial Aid | 3 Comments »
Tuesday, May 5th, 2009
Dat_1_Chiq asked: What Loan company will take over my federal student loans when the loans are in default so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under $5000.
I heard about this company that will take over your school loans from them but I don’t know the name of the company.
I am at the point where I can’t get a federal student loan until I pay this off.
Edna
Tags: Federal Loan, Federal Loans, Federal Student Loans, Government Loans, School Loans
Posted in Financial Aid | 2 Comments »
Saturday, May 2nd, 2009
angela923 asked: I’m graduating this June and I’m going to have about 30,000 canadian in student loans. I want to pay off my loans as quickly as I can even if it means sharing a room with someone. I’m planning to take at least 50% of my pay check to go into loans. So maybe around 900 a month, which allows me to pay off my loans in about 3 years. I’m normally a saver anyway and I can live cheaply. I would have just enough money left over for rent and living expenses. My rent would only be about 400 dollars. Plus, I have savings right now that would work as my emergency fund. Do you guys think that it’s a good idea and is it worth it financially? My thought is that it would save me on interest even though it would be hard for a few years, but I will be much better off in the long run. Any suggestions?
Shirley
Tags: 3 Years, Check Loans, Emergency Fund, Living Expenses, Student Loans
Posted in Financial Aid | 7 Comments »
Friday, May 1st, 2009
gserrado asked: I am on my last year of Grad school and I run out of student loans. I had the federal loans and a citi-assist loan but my school is telling me that I maxed out on the amount of loans I can get (the full cost of attendance). What can I do? I see there are private student loan option but some say maximum is total cost of attendance… this means I am ineligible? what are my options?
Jessie
Tags: Citi Assist Loan, Cost Of Attendance, Grad School, Loan Option, Options
Posted in Financial Aid | Comments Off
Friday, May 1st, 2009
Tesoro asked: Like if I have $1000 now gathered from working as a student for 2 years, can I use that to pay some of the loan back? Or, is it that once I start paying back loans, I can’t stop, and I must consistently pay them back every month?
Also, do student loans have minimum sums we are allowed to pay every month? Like can it be that i’m only allowed to pay if i’m paying in a minimum sum of $800 or $1000?
P.S. this is not for me, so its not like I can look over a contract or anything like that.
Nellie
Tags: Minimum Sum, Student Loans, Sums
Posted in Financial Aid | 2 Comments »
Saturday, April 25th, 2009
Southerngirl29 asked: I have around $4500.00 left in student loans, and I have two semester left of college. In the fall, I am taking 15 hours, but in the spring I am only taking six. Will they offer the remaining of my loans for the fall semester, and I can use my pell grant for the spring or will they split the remaining loans between the two semesters?
Ana
Tags: Fall Semester, Pell Grant, Semesters, Student Loans
Posted in Financial Aid | 1 Comment »
