Virginia E asked:


I ask this question as I am considering if I should pursue a community college at less immediate cost or try to finish my three years out at a four year college. Can I get money for room and board, so to speak, if I’m living off campus, or does that go away when you choose not to use dorms? How does this work for Seniors who live off campus, for example?

Thanks.

aravind r asked:


My overall rank is 5137

Spruce4578777 asked:

Stafford loans are low-interest, federally guaranteed student loans available to both eligible undergraduate and graduate students for tuition and other school-related expenses. Stafford Loans are an affordable loan option available for most students to pay for college. Stafford Loans are…

asked:


I had two student loans each about 2,500 dollars each. I have been out of work for 5 years raising my duaghter and haven’t been able to afford any kind of payments on the loans. Since then a creditor has taken over. I now owe 8,000 to them. Is there any student loan companies that will take it over and I can make payments to them at a low interest rate. I am now working and would like to start paying on my loans. Thanks

Barrett!!! asked:


I currently am en route to become a Math teacher, and I am trying to figure out how to finance a way through college. I currently live in Texas, and have looked at the (crappy) website and found nothing of use, except Teach for Texas.

Where can I go for additional funds?

I need all information available. Thanks.

deborah m asked:


This is a lending firm for student loans is it an accreditated lending institution? Main office located @ 9477 Waples St. Suite 100 in SanDiego, Ca 92121

dime_bag_patrick asked:


I owe around $20,000 dollars in student loans right now. I am wondering if there is any type of loan that offers to consolidate my current student loans, plus give extra on top of that? In other words i am looking for the original $20,000 plus an additional $14,000 (to cover miscillaneous expenses when moving out.) I plan to work full time after i graduate. but i do not have a full time job right now. Any advice would help.. thank you.

If you’re a responsible individual, then you probably have good credit reputation. It is very important to build a positive credit reputation because you will need it badly once you decide to apply for loans. Admit it, there are times when you lack the needed cash to finance some of your day-to-day expenses. Students especially those in college are faced with a lot of schooling expenses and sometimes, they can’t afford to pay for such expenses. Some students drop out of school while others continue their struggle to finish college. if you have a good credit record, then you can easily take advantage of student loans without a cosigner.

What are these loans? Money is required in order to finish a college degree. In fact, without money, there is no guarantee for you to pursue higher education. You will definitely like the features of the loans without a cosigner. All your problems related to education will be solved through the student loans and you have to do is log on to the net.

It is quite simple to avail the student loans without a cosigner and the procedure is quick. Once you log on to the Internet, use any search engine and type the words ‘student loans without a cosigner’. You will obtain a lot of results and if you want, you can do some comparisons first before you choose a lender. Make sure that you choose a legal and reputable lender so that you’re safe and secure. Once you’ve chosen a lender, you can now accomplish the online application form. Provide the correct details asked on the form and it can include your name, address, and contact number, birth date, college bank account number, amount of the student loan, and among other information. After completing the form, click the ‘submit’ button. The lender will first verify all the information you’ve provided. The loan is usually approved within the day or the next day.

Now, once you receive the loan amount, you can use it to pay off your tuition fee and other school fees, hostel rent, important books, and many others. Always keep in mind that you have to handle all your expenses wisely. Don’t waste the loan money by purchasing unnecessary things. Just spend it for school expenses.

Those with bad credit will find it hard to apply for student loans without a cosigner. As a responsible student, you shouldn’t apply for multiple student loans, which you can’t pay off at the right time. If you practice this, you will grow up to be a good individual and you will have an excellent credit record.

Student loans granted without a cosigner usually ranges from $2,000 – $15,000. The interest rates differ from one lender to another. You need to choose a lender that can offer you a reasonable interest rate but since you’re applying for a student loan without a cosigner, it only means that you have a good credit record and so you will be charged a low interest.

Repayment usually starts after you graduate or after you’ve landed a job. Make the necessary arrangements with the lender so that you can choose a good repayment scheme that can work for you and the lender as well. Take advantage of the student loans without a cosigner especially if you have a good credit record.

By: Tony Pescatore

About the Author:

[carpwp:amazon{student loans}][/carpwp]

MoneyTalksNews asked:

If you’re heading off to college anytime soon, how about a 90-sceond class on creative financing? Part 1 of 2.

As part of any research when looking at your student loan consolidation information alternatives you need to consider the FFELP (Federal Family Education Loan Plan).

The FFELP is a Federal Government private lender partnership scheme and umbrella program that includes both Stafford loans, PLUS loans and Perkins loans, setup by an Act of Congress in 1965, it began operation in 1966 and since this time over half a trillion in money has been disbursed with over $50 billion alone in 2006.

Money for Stafford loans, PLUS loans and other FFELP loans are provided through a large national network of credit unions, independent banks and other financial institutions, lenders will feel confident loaning dollars to what otherwise may be high credit risks because the money is in the end guaranteed, at least in theory via the Federal Government, private guarantors could possibly get involved, however in the almost 5% of cases where the loan goes into default, guarantors then apply for funds to cover the loss with the Federal Government for at least a partial reimbursement of any lost money.

Over 90% of the funds are directed by the two types of Stafford loan, unsubsidized & subsidized, in the second circumstance the Federal government pays the interest on the loan accrued whilst the student is in school and for a further six months afterwards, unsubsidized loans requires the borrower to be responsible for any interest, if the interest is deferred as it most often until after the grace period, it is then added to the primary total.

The other major plan, the PLUS (Parent Loans for Undergraduate Students) loan plan, supplies over $8 billion per calendar year in money to parents and as of July 1, 2006 professional and graduate students are also eligible for PLUS loans, providing dollars to parents to assist cover expenses they would frequently pay for anyway, the PLUS program commonly forms part of the total financial aid package today.

Chiefly, all the services need a FAFSA (Free Application for Student Aid) application to be filled out, the data provided forms the core information that allows loan officers to make their funding decision, typically those decision makers are employed through the individual college at which the student is accepted, the financial aid department will make a suggestion for a package based in part on the EFC (Expected Financial Contribution) of the student and his or her parent(s), analyzing income they aim to supplement any unmet need with combinations of subsidized and unsubsidized Stafford loans and other sources.

Once the student and/or parent accepts the package the money is disbursed, in the main twice per year once each semester, ordinarily with the biggest share of the funds going directly from the private lender to the school to pay for tuition and the remainder is then provided to the student or parent, minus any charges, these fees may range up to 4% or more, several schemes will charge a 3% origination fee and a 1% insurance fee, which they assign to the requirements of the Federal government with fees as high as 8% not being unknown, it’s important to keep this information in mind when looking at any student loan consolidation information.

By: Ian Wilkie

About the Author:

[carpwp:amazon{student loans}][/carpwp]