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StudentFinAidInfo - Student Financial Aid Information
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StudentFinAidInfo - Financial Aid ,Student Loan Question: Why do students take out obscene student loans?
If u get a normal salary for a graduate u won't be able to live comfortably for 20 years if u come out over 40k in debt! Don't say there aren't other options because there are! U can simply take a year or 2 off and work to fund college.Answer: jscapi01: It all depends on how much you will be making in the end. ...
It all depends on how much you will be making in the end. For example, if you are 40k in debt but come out with a doctorate in engineering then it wont take you much time to pay it off. Now if you are 40k in debt with a teaching degree, then you might have trouble. Besides, if you are 40k in debt with a degree that isn't going to net you a high salary in the long run, then what exactly are you paying for?Answer: First, the costs for college tuition and board can be pretty ...
First, the costs for college tuition and board can be pretty "obscene" themselves. Students also want to have some pocket money so they can go to sporting events, bars, road trips, etc.
The interest rates for student loans backed by the government (SallieMae) are usually quite low compared to loans from a bank.
You don't have to start paying them back until after you graduate; but you can make payments towards them before that if you like.
Interest that accrues is deductible on your Federal taxes.Answer: thats simple. they dont have enough money!
thats simple. they dont have enough money!Answer: cos there just isnt enough hours in the day to study to get ...
cos there just isnt enough hours in the day to study to get decent good marks and to hold down a job that pays enough to take care of the bills, feed you etc.Answer: It's the only option most of the time. Parents ...
It's the only option most of the time. Parents didn't save enough(and realistically probably could have anyway) and school is insanely expensive.Answer: because without a degree nobody wants you to begin with. its ...
because without a degree nobody wants you to begin with. its the way of the world. just like there are stories on the news where there are families who have to decide on meals or miles. fill thier refridgerator or fill their tank!Answer: It's the inability to delay instant gratification. ...
It's the inability to delay instant gratification.
Many folks would rather take out loans than go without a phone, car, pizza every Friday night, or dare have to share a bathroom with a roommate or two, or three. This is how it was done in the olden days.Answer: Because students want an education. And sometimes, they are ...
Because students want an education. And sometimes, they are scared that they aren't making the right decision if they aren't going to a college they are getting accepted to. I myself are battling this.Question: Any student loans outside of Federal loans?
This is last semester of college and I thought I would be able to pay out of pocket right away but I am not. I am maxed out on Federal loans. I need any info you can offer about other loans that don't require a co-signer. I am desperate with not so good credit.Answer: If your credit is bad and no one will co-sign, you may just ...
If your credit is bad and no one will co-sign, you may just need to suck it up and work more, or take the semester off to save up some money. I am sure there is some lender that would give you a loan, but if you need even a moderate sum of money (like more than 4K) it probably would not be worth it when you consider the interest rate and how much you will be paying back.
Ask your FAA if they could suggest a reputable company, but make sure you really look at the details of the loan. Sometimes the repayment schedules and interest rates are ridiculous, and also make sure you know what kind of fees and interest you get popped with if you end up defaulting on the loan or missing a payment etc.Question: Are federal student loans sent straight to you or to your school?
Hi! I was wondering...i know that private loans are sent directly to you, I was wondering if it's the same with government loans? I'm thinking of applying for one...Answer: To the school.
The school then will pay any outstanding ...
To the school.
The school then will pay any outstanding fees on your account and disperse the extra back to you. You will get what is called a "dispersement" back.Answer: first it gets applied to your school account and pays for ...
first it gets applied to your school account and pays for all your costs then whatever is left over the school will mail to you each school is different so they all mail them out at different times. Some at the beg about a month after school starts and some at the end around the time school gets out. All schools are different so check with yours to see when they would mail it.Answer: f you're looking to get the whole loan back into your ...
If you're looking to get the whole loan back into your pocket the school loans is not the way to go. The school loan goes to the school and helps cover your expenses. Anything left over will then be given to you.Answer: federal loans are sent to the school... as are most private ...
federal loans are sent to the school... as are most private loans.Question: who do you contact to get the interest you've paid for a student loan?
Answer: Your lender. This is the company you make your payments ...
Your lender. This is the company you make your payments to.Question: Student Loan Information?
I've got to take out about 4,000 dollars for a student loan for this current semester (spring), and I'm not eligable to do it federally because of tax situation back in 2006 (I can't go through Perkins or Stafford because I didn't do taxes in 06 so I can't take out money for the 2007-2008 year). I completely FASFA for this upcoming year and I should be hearing back on that any day, but I need to get that 4,000 for this current semester to enroll for fall classes. Does anyone have any suggestions on what bank would be the best to go through/the best way to do this? I live in Wisconsin, if that helps at all.Answer: The easiest and most logical thing for you to do is to ...
the easiest and most logical thing for you to do is to locate your W2 forms and file your 06 taxes so you can be eligible for aid. If you didn't do taxes in 06 because you weren't required to, you can still file for FAFSA and just choose "Will not file" when it asks you about your filing status. This will be good for your current semester.
Good luck. |