Student loans?
Asked by ArcI don't know anything regarding student loans. I'd like to know if there are any kinds of loans where the student can pay after completing college, instead of paying some money time to time. I would also like to know if there are any special requirements for the loans. Thank you! If possible, can you please note the best loans I can get, I'm in Florida, and my term in Fall 2007, starting on August 27th, next Monday.
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Answered by financialaidfiend
This is a pretty standard question. Without spending too much time in a financial aid office, there is plenty you can do get the process started. Start by going to www.fafsa.ed.gov/ and filling out the online form for federal student aid. After finding out what you are eligible for in terms of subsidized stafford loans, you can figure out if that is enough to finance your tuition and expenses. In most cases, it isn't. If you find that you need more money then you are offered, you may want to try a private student loan. The best thing to do is compare the different private lenders out there, which can be done at www.finaid.org/loans/privatestudentloans.phtml Most of the rates are very similar but do a little research and pick one that you think is best. I would suggest Think Financial. The application process is very quick and easy, and the check is sent directly to you so you can use the money for whatever you want. The limits are much higher with private student loans, up to $40,000 per year. You can find out more information about a Think loan at www.thinkfinancial.com . Good Luck.
This is a pretty standard question. Without spending too much time in a financial aid office, there is plenty you can do get the process started. Start by going to www.fafsa.ed.gov/ and filling out the online form for federal student aid. After finding out what you are eligible for in terms of subsidized stafford loans, you can figure out if that is enough to finance your tuition and expenses. In most cases, it isn't. If you find that you need more money then you are offered, you may want to try a private student loan. The best thing to do is compare the different private lenders out there, which can be done at www.finaid.org/loans/privatestudentloans.phtml Most of the rates are very similar but do a little research and pick one that you think is best. I would suggest Think Financial. The application process is very quick and easy, and the check is sent directly to you so you can use the money for whatever you want. The limits are much higher with private student loans, up to $40,000 per year. You can find out more information about a Think loan at www.thinkfinancial.com . Good Luck.
