My son will be Graduating from High School next year and I would like to know what student loans are the best ones to get and why..... When I went to College I received a Standford loan and my parents paid for the rest. However, I am a single parent and I'm not able to do that. Being this is my first born to make me proud I am clueless to which way to lead him. Any help will be great. Thanks...
Student Loans??
I use to sites for all my loan info I find them very helpful and hopefully they can help you out.
http://www.loansurf.info
http://www.loanunblock.info
Student Loans??
he has to apply for fafsa, they will calculate what federal loans he is eligible for. these loans include stafford subsidized and unsubsidized usually he can borrow on average $5000, then there is perkins loan around $5000, finally you can get parentplus loans if you do not get enough federal aid.
Student Loans??
Federal loans are the best. They have the best interest rates and terms and sometimes the government will pay the interst while hes in college. It would be better if he didn't have to take out loans...or delay taking them out as late as possible. Most kids drop out or quit within thier first two years so I would recomment he at least wait that long.. to know he's serious and will actually graduate. Don't make some parents mistake and pay 2 years of expensive private college only to have the kid drop out to get married... unless that is the intent in the first place... hey... wait a minute!. :-)
Good Luck.
Student Loans??
Student Loan can be sought through many different avenues. It all depends on your personal credit rating. The biggest challenge is finding one that offers the lowest interest rate.There are various routes to explore when seeking out a bad credit student loan and I would suggest that your first port of call would be the school for which you are about to attend. You will need to fill out a FAFSA form in order to initially apply for a federal loan. Perkins loans are combined school and government funds. A combination loan may be another alternative way of acquiring a bad credit student loan. This type of student loan enables you to consolidate%26lt;!--any existing loans that you have whilst applying for a new tuition loan. The only drawback to this type of loan is that you may need someone to co-sign.Another way to get a bad credit student loan is to get a co-signer. Maybe a family member with good credit would help. This way you could get loans with more attractive interest rates and terms, in spite of your bad credit. You may find the student loan here,
http://best-loans.awardspace.com/student...
Finally, if all else fails you will need to contact banks and financial institutions. They will more than likely be happy to lend you the money, but it will be on a higher interest rate than usual. When you have bad credit the banks will check out your personal credit score first and then offer terms based on the credit rating assessment. Take heart, even if your bad credit student loan is set at a high interest rate, numerous--%26gt;student loans defer your payment until you have finished college. This in turn will allow you time to improve your credit rating and when you leave college you could then look into consolidating your bad credit student loan at a better interest rate. This will mean your monthly payments will be at a lower level and therefore more affordable.
No comments:
Post a Comment