Financial Aid- Which Student Loans??

I got a letter in the mail today describing my financial aid that my school will give me. I guess i will need to take out some loans since I do not have the money to pay for it, but all of the loans they provide (Stafford, Student PLUS etc) all have extremely high interest rates 7-8.5%. Is this normal? Is there any other decent place where I can borrow money for a lot cheaper??

Also, should I take the loan out in my name, or my parents name? My parents will contribute less than $3000 to my education, and I will have to pay the majority of it.

Thank you

Financial Aid- Which Student Loans??

I'm not sure about the first question, except to say you should call the school to see if they can recommend some. They usually have preferred loans that they trust for their students.

Also, if you get a loan in your name, you won't have to start paying until 6 months after graduation. However, if your parents take out the loan, most likely they will have to start paying once the full amount of the first loan is disbursed. (Meaning if you have a Fall and Spring loan, they'll have to start paying the summer after that academic year.)

However, if your parents apply for a PLUS loan and are rejected, you'll be entitled to more unsubsidized Stafford money, which has a lower interest rate.

Financial Aid- Which Student Loans??

I would go with the student loans they general have low interest rates. In your name not your parents if you are over 25. Good luck

Financial Aid- Which Student Loans??

Unfortunately these interest rates are typical. They are rising. If you consolidate your loans you can stick them at this interest rate so they don't rise. These interest rates are low compared to some other loans especially if you do not have good credit.

You should take the loans out in your name. You will be able to make payments on them when you graduate. They will tailor your payment amount to the job you recieve when you graduate. No need to overburden your parents, it is your life and your responsibility now.

You can borrow money from private banks. The interest rate will depend on yours (or your cosigners) credit. You can also try sallie mae.

http://www.salliemae.com

You can try for a Parent Plus loan as well. It is an additional loan you can get. If your parents have good credit they will qualify for it. If they have bad credit they will get denied. Once they are denied you can purse this same loan under your name. Go to your financial aid office and ask about it or call your schools 1-800#.

Good Luck and Happy Education!!

Financial Aid- Which Student Loans??

i dont know your interests or details, so i will just post all that i have.

There are government loans %26amp; grants, and then there are private loans %26amp; scholarships.

try to aim for grants/scholarships more... they are not to be paid back. its confusing sometimes, but just keep applying. Scholarships usually have a 1 or 2 page application, and require an essay. Take your time with the essay, so yours stands out.

every big (and small) company you see (manufacturer, orgs, corps and groups also) all have grants and scholarships they hand out like candy. Walmart, Kmart, Target, Coke, computer companies etc etc etc

here are some links with a HUGE list of what is available. some you will need to copy and paste into a new window. also, fastweb (take the time to fill it in) will search databases and get back to you with a list of scholarships you qualify for.

Also contact all mens, womens associations in your state, they almost always have grants %26amp; scholarships. What ever field you are going into, contact the orgs, associations etc for them; Also check with professional organizations related to your career interests, such as the American Bar Association or the American Medical Association. they also always have scholarships. Research and dig, call then write. Its all worth it.

OVER apply; it doesnt hurt to have too many, and the extra funds can help with housing.

YOU WILL NEED ADOBE READER:

(yes, its free)

http://www.adobe.com/products/acrobat/re...

TESTING %26amp; PRACTICE TESTS

(SATs, PSATs, ACT, GRE LSAT, MCAT, GMAT,TOEFL, etc)

http://www.kaptest.com/college

http://collegeboard.com/splash/

http://act.org/

http://lsac.org

http://toefl.org

http://www.ets.org

http://www.gre.org

http://www.aamc.org/students/mcat

http://www.gmac.org

TURNITIN

(don閳ユ獩 copy papers, teachers/professors

DO check your papers with this)

http://turnitin.com/static/home.html

http://plagiarism.org/

INFO

NACAC %26amp; COMMONAPP

http://www.nacacnet.org/MemberPortal/

http://commonapp.org/

http://nsse.iub.edu/index.cfm

DVD TOURS OF COLLEGES

http://collegiatechoice.com/

CRIME STATS, DATA OF COLLEGES

http://ope.ed.gov/security/search.asp

SCHOLARSHIP LIST

http://scholarshipamerica.org/

http://www.lifebridge.org/gran-list-alph...

http://www.angelfire.com/nj4/njcomputerc...

http://www.chrome.org/scholarshiplist.ht...

MORE SCHOLARSHIPS, HELP %26amp; INFO:

http://apps.collegeboard.com/cbsearch_ss...

https://www.collegedata.com/cs/search/sc...

http://studentaid.ed.gov/PORTALSWebApp/s...

http://www.ftc.gov/bcp/menu-jobs.htm

http://www.finaid.org/scholarships/other...

http://www.finaid.org/otheraid/

http://www.back2college.com/library/scho...

http://www.scholarshipexperts.com/

http://www.scholarshiphelp.org/

http://www.findtuition.com/scholarships/

http://www.collegeconfidential.com/

http://college-scholarships.com/

http://www.statefarm.com/about/part_spos...

http://www.gmsp.org

http://www.gmsp.org/gmsp_web/(nb5ctd55ga...

http://www.sfa.ufl.edu:16080/scholarship...

http://www.edsf.org/scholarshipAwards.cf...

http://www.fafsaonline.com/

http://www.fafsa.ed.gov/

http://www.feea.org/

http://www.greenzone.org/

http://www.salliemae.com/

http://www.ed.gov/finaid/landing.jhtml

http://www.scholarshipexperts.com/

http://www.educationplanner.com/ss/code/...

http://www.studentawards.com/

http://www.collegeanswer.com/index.jsp

http://www.studentscholarshipsearch.com/

http://www.studentscholarshipsearch.com/...

http://www.akaeaf.org/programsandinitiat...

http://www.schoolsoup.com/

http://www.blackexcel.org/link4.htm

http://www.dellscholars.org/

http://www.thurgoodmarshallfund.org/

http://www.jackierobinson.org/

http://www.bpwusa.org/i4a/pages/index.cf...

http://www.wilsonfund.org/scholarships/s...

http://www.uncf.org/

http://www.socxfbi.org/login.asp?reason=...

http://www.finaid.org/

http://studentaid.ed.gov/PORTALSWebApp/s...

http://www.act.org/recognition/clients.h...

http://www.act.org/kfcscholars/index.htm...

http://www.kfcscholars.org/

http://www.rhodesscholar.org/

http://www.collegedata.com/

http://www.fastweb.com/

http://www.getreadyforcollege.org/gPg.cf...

http://www.policylink.org/EDTK/AH101/Fin...

http://www.hud.gov/grants/index.cfm

MISC FIELDS OF STUDY

http://www.arts.ucla.edu/support_ucla/pr...

http://www.act.org/goldwater/yybull.html

http://www.act.org/recognition/clients.h...

http://whereyouheaded.com/

http://luth.org/schools.htm

http://www.nwboatschool.org/

http://soloschools.com/

http://www.nols.edu/wmi/

http://etruscanfoundation.org/

NURSING / CNA

http://www.scholarships-ar-us.org/grants...

http://www.dar.org/natsociety/edout_scho...

http://nursingworld.org/nursecareer/edfu...

http://www.medi-smart.com/finaid.htm

http://www.discovernursing.com/nursing-s...

http://www.ncaa.org/about/scholarships.h...

http://bhpr.hrsa.gov/DSA/nsl.htm

http://www.nsna.org/foundation/

http://www.4cnas.com

http://www.choosenursing.com/

http://www.minoritynurse.com/

http://www.tylenol.com/page.jhtml?id=tyl...

http://www.straightforwardmedia.com/nurs...

http://bhpr.hrsa.gov/nursing/scholarship...

BECOMING A TEACHER

http://www.siemens-foundation.org/Teache...

http://www.aft.org/teachers/jft/becoming...

http://www.fseog.com/

http://www.childcareservices.org/ps/teac...

http://www.act.org/recognition/clients.h...

CHILDREN OF MILITARY

http://www.militaryscholar.org/about/abo...

http://www.mcsf.com/site/c.ivKVLaMTIuG/b...

http://www.vfw.org/index.cfm %26lt;-do search for 閳ユΞcholarships閳?br> http://www.milspouse.org/Educ/Fund/MilFS...

http://www.aerhq.org/education_dependent...

INTERNSHIPS

http://www.fasttrackinternships.com/

http://www.internprograms.com/

http://www.brillstreet.com/

http://ceri.msu.edu/

DEPENDENCY or NOT

http://www.salliemae.com/get_student_loa...

LOAN FORGIVENESS

http://www.pheaa.org/loanforgiveness/hea...

http://www.aft.org/teachers/jft/loanforg...

http://studentaid.ed.gov/PORTALSWebApp/s...

http://www.finaid.org/loans/forgiveness....

http://www.aessuccess.org/manage/cant_ma...

http://www.staffordloan.com/repayment/fo...

http://www.educationplanner.com/ss/code/...

STATUS OF LOAN OR AID

http://www.nslds.ed.gov/nslds_SA/

IF YOU DON閳ユ┏ HAVE YOUR PIN yet (for your loan / aid status) apply for one:

http://www.pin.ed.gov/PINWebApp/pinindex...

ESSAY HELP

http://essayedge.com/

http://www.scholarshiphelp.org/

http://www.gradesaver.com/resources/scho...

http://www.collegeadmissionsessays.com/

http://www.nataviguides.com/broke_essay....

http://www.princetonreview.com/college/a...

http://www.scholarshipessay.us/

http://www.freschinfo.com/tips-brainstor...

http://www.freschinfo.com/tips-topic.php

http://www.korepetycje.com/Essays_Articl...

GRANT SCHOLARSHIP SCAM LIST

(if you find a scam report it here too)

http://www.ftc.gov/ftc/consumer/media_ps...

http://www.actstudent.org/finaid/scholar...

LOANS

http://www.ed.gov/offices/OSFAP/DirectLo...

http://www.acteducationloans.com/

http://www.finaid.org/loans/educationlen...

http://www.financialaid.com/plus/index.c...

http://www.alternativestudentloan.com/

http://www.parentplusloan.com/

http://www.financialaidpodcast.com/about...

http://www.myspace.com/financialaidpodca...

http://www.FinancialAidPodcast.com

GRAD LOANS %26amp; SCHOLARSHIP

http://www.gradloans.com/graduate-plus-l...

http://www.gfoa.org/services/scholarship...

http://www.akaeaf.org/programsandinitiat...

DEFAULTED STUDENT LOANS

http://www.ed.gov/offices/OSFAP/DCS/inde...

CONSOLIDATE LOANS

http://loanconsolidation.ed.gov/

http://www.plusloanconsolidator.com/

http://www.salliemae.com/after_graduatio...

http://www.salliemae.com/content/private...

http://loanconsolidation.ed.gov/

TEACHER / PROFESSORS reviews, rated by students

http://www.ratemyprofessors.com/index.js...

http://teacherreviews.com/

http://pickaprof.com/

INTERNATIONAL STUDENTS

http://www.edupass.org/finaid/

http://www.irex.org/programs/grants.asp

http://ciee.org/

https://www.iesabroad.org/IES/home.html

http://www.iie.org/programs/gilman/index...

http://www.iie.org/programs/gilman/resou...

http://www.iefa.org/

http://www.iefa.org/resources/

http://educationusa.state.gov/

http://college-scholarships.com/

http://www.studyabroad.com/forum/financi...

http://www.internationalstudent.com/

http://www.internationalscholarships.com...

http://www.internationalstudentloan.com/

http://www.globalslc.com/

http://www.edupass.org/finaid/loans.phtm...

http://www.abroadplanet.com/student-loan...

http://www.salliemae.com/international/

FROM OTHER COUNTRIES

http://fordfound.org/

HISPANIC SCHOLARSHIPS

http://www.hsf.net/

http://www.scholarshipsforhispanics.org/

http://www.statefarm.com/about/part_spos...

http://www.hsfi.org/

http://scholarships.hispanicfund.org/app...

http://www.chci.org/chciyouth/scholarshi...

http://www.bpwusa.org/i4a/pages/index.cf...

Financial Aid- Which Student Loans??

Hello

I am Mr Michael Snell.The Owner and General Manager of Michael Snell's Loan Investment company.We do give out all types of loan to those in need of it.Loan to those who have been swimming in the ocean of indebtedness,to those who do have been frustrated looking for loan and turned out.Look no further come to us as we do give out loan at low interest rate of 5%.And we do have two types of loan Collateral which is the secured loan and the Non Collateral which is the Unsecured type of loan.For more informations you can contact us on msloan_lenders@yahoo.com telling me the amount you need as loan.

Await your response

Mr Michael Snell

Financial Aid- Which Student Loans??

Hello My names are Mr stevecollins i am here to inform you i now give out loan with a low interest and i am the owner of lexigton loan lender company, any one have an interest on this loan should contact us this mail STEVECOLLINS247@YAHOO.COM