Student loans!?
Asked by LiL MaMaI am a single parent! I have a 1 year old and am 5 months pregnant with my second! I am planning to strt school soon to be a Pharmacy Tech! I got my school paid for but i need to get out like a student loan of some type to help me with bills while i am in school and will not be working full time! I have heard about these loans that you dont have to pay back until 6 months after graduation! Can anyone help me????
Favorite Answer
Answered by Post Collegiate Financial Serv.
I am not sure what is paying for your school, but by filing out the FAFSA(Free Application for Federal Student Aid) application, it will tell you if you are eligible for Federal student loans, and grants. Of course, you would want to take the grants, as much as you can, and subsidize your income with the loans. if it gives you a choice of subsidized or unsubsidized Stafford loans, take the subsidized first, the government pays your interest while you are in school. You can fill a FAFSA out on-line. TERI loans that were mentioned earlier should only be taken out if you are turned down for these loans, they are private loans, a last resort only. And the six month grace period is good for all federal student loans, plus there is an additional six years of nonpayment after that, three in deferment, three in forbearance, if you qualify.
I am not sure what is paying for your school, but by filing out the FAFSA(Free Application for Federal Student Aid) application, it will tell you if you are eligible for Federal student loans, and grants. Of course, you would want to take the grants, as much as you can, and subsidize your income with the loans. if it gives you a choice of subsidized or unsubsidized Stafford loans, take the subsidized first, the government pays your interest while you are in school. You can fill a FAFSA out on-line. TERI loans that were mentioned earlier should only be taken out if you are turned down for these loans, they are private loans, a last resort only. And the six month grace period is good for all federal student loans, plus there is an additional six years of nonpayment after that, three in deferment, three in forbearance, if you qualify.
