STUDENT LOANS?

What have been the most appropriate kind of tyro loans to get?

{ 8 comments }

Laurette W March 10, 2014 at 6:05 am

You’d be better off trying to get a scholarship or grant – you don’t have to pay them back.

If you know what you want to major in, find companies and schools that offer grants or schoalrships. Many do and very few know of them.

Check with your local library, they will have books that list companies, schools, businesses that help with educational bills.

Good luck with your education…God bless you.

Rock master March 10, 2014 at 6:53 am

at Astrive you can get up to $30,000 in a year

Actually just go to this website: http://www.finaid.org/loans/

Rachel March 10, 2014 at 7:41 am

Federal loans are the best kind because the interest may be deferred until you graduate. The government also offered loan forgiveness depending upon your major and career (i.e. some teachers).

Always grants and scholarships are best because they do not have to be repaid. But if you need a loan, fill out the FAFSA (www.fafsa.ed.gov) and apply for federal loans first. There are several reputable alternative lenders (student loans that are not federal loans) out there but make sure you understand *ALL* the interest, fees, penalties, etc. before you sign the promissory note.

payingcollege March 10, 2014 at 7:48 am

First, get federal student loans, as they are eaiser to qualify for (no credit check for the Stafford loan), are guaranteed by the government and generally have lower interest rates and the most generous repayment options. Start by filling out the FAFSA at http://www.fafsa.ed.gov

If that doesn’t cover the cost, then get private student loans, which are credit-based loans from banks, credit unions, etc. The interest rate depends on your credit rating, so having a cosigner with a good credit history can help.

If you know what college you’re going to, it’s smart to talk to the financial aid office. And always borrow only what you absolutely need, because you will have to pay it back.

Good luck!

mspts123 March 10, 2014 at 8:34 am

http://www.salliemae.com ( For student loans)!!!!

http://www.iefa.org ——-> International Students on the web < ---- http://www.about.com --->Great search engine and information site for everything < --- http://www.ed.gov/index.jhtml --> Dept. of Education for any questions< -- http://www.fastweb.com

http://www.gocollege.com

http://www.collegeboard.com

http://www.scholarships.com

http://www.walmartfoundation.org

Please go to the Department of Education for more help and a list of student loan foundations.

Good Luck!!!!

Tory D March 10, 2014 at 9:14 am

Grants. They’re like free gifts from the government.

Did you fill out your FAFSA?

Do that every semester. That will tell you if you’re eligable for grants, Perkins Loans, Stafford Subsidized loans, grants, ect.

If you’re uneligable for those, the best loan (in my opinion) is the Stafford Unsubsidized Loans or the parents PLUS loans.

There’s also options of Federal-Work-Study if you qualify for that.

So really, more information based on your FAFSA status would be the best way to determin what is the actual best for you.

I’m going to put below some links that could help.

bluedevilstudent March 10, 2014 at 9:22 am

Check out the “Student Loan” pages on http://www.Schoolwork.org – They feature detailed information from several top student loan issuers.

David D March 10, 2014 at 9:56 am

There are some useful tips here.

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