Question posed by Huntsman: Does the government really hand out salie mae loans for schools such as cosmotology?
Federal loans for things like cosmotology, nail tech, massage therapy?

I find this hard to believe since these are private schools (for profit).
I asked in education and just got spam answers about loans (hundreds of them)- no one is there.
Anyone in this section know for sure?

This is NOT a personal question. I am not interested in attending nail tech school and making government student loans to pay for it.

Most comprehensive answer:

Answer by Mister Answerman
Usually Public schools a TAFE Collleges (possibly private schools) can apply for funding for a new course if that school has sufficient interest from students. I think the minimum number of students required is six. The school would have to submit a requisite form to the Education Department or the governing body that provides funding for such courses.

The school would also have to provide their own teacher for the course and that teachers’ income would be paid from the funding. I think the funding, or grant, ranges from $ 10,000 to $ 50,000 depending on the length of the course, what text books or incidentals or course materials are needed (like a telescope or make up or electronics etc), and whether external visits outside of the school is required.

The funding doesn’t last long and students may be required to pay extra fees for the course and course material.

I only found one link and though it is in Australia, it may provide addtional helpful information.

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A question asked by nicetomeetyou:): Are private student loans risky and are the interest rates really high?
I’m thinking of borrowing $ 20,000 under a student private loan company. Is that too risky and how high are the interest rates usually nowadays for private education loans?

Also, if anyone knows of any companies or banks that are safe for private loans…

The best answer:

Answer by Katherine
When you run out of other options to get funding for your education, it may be time to get a private loan. These loans, also called alternative loans, come with a number of features and are somewhat flexible. Here is what you need to know about how to choose a private loan for your education needs.

http://www.worldbestloans.com/student-loans.htm

Just how much you can borrow is in accordance with your credit rating. A private loan gives you the option to borrow just what you need. Assuming you have some funding from a lower interest source, you will only want to borrow what the other lending agencies did not give you for your educational needs.

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From beer pong to final exams, from instant messaging to hooking up with people whose last names are a complete mystery, The CollegeHumor Guide to College is the bible to getting through college with minimum work and maximum fun. The authors, six recent graduates from colleges around the country, fill readers in on how to do their own laundry, how [Read More]

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