2006-09-06 05:30:30 · 4 answers · asked by Anonymous in Education & Reference ➔ Teaching
The best thing to do is go to the Financial Aid office at the school you are attending and talk to someone there. They will ask you to fill out a FAFSA form (online) once you have completed the form they can begin to assist you in getting the financial aid you are awarded and how to cover the amount your not. The FAFSA form will give you an amount you can take out on Subsidized Loans (loans you pay back without interest) and the rest will have to be an Unsubsidized loan (loan with interest). The school you go to will generally have a loan company that takes care of the Subsidized part, then they will offer you options and opinions on how to get a unsubsidized student loan. Your school will give you an award letter telling you how much you can or take out on each loan. The unsubsidized loan can be taken out from any bank, CitiBank has all their student loan stuff online, for example. But your first step should be to meet with someone in the financial aid department of your school. Best Wishes and Good Luck with school!
2006-09-06 05:35:57 · answer #1 · answered by rachelle105210 5 · 1⤊ 0⤋
UK only - apply to the student loans company. They are the main student loan provider in Britain and the cheapest as the interest rate is the same as inflation.
2006-09-06 05:32:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
if you are going to apply for student loans i would srtongly recamend that you apply for as much federal loans as posable. Federal loans have fixed interest rate from 2% to 6%...Private loans have a verible interest rate from like 7.5% up to as high as 19.256%....i work at a student loan company......believe me when i say stay with Federal loans.....
www.salliemae.com
2006-09-06 05:43:23 · answer #3 · answered by Baby Girl 24 2 · 0⤊ 0⤋
I recommend a three step process:
1. Get educated as much as possible. I prepared a site earlier this year for my daughter to help her decide about financing for college (see below)
2. Do some bargain hunting after you find several options that suit your budget and situation.
3. Don't give up
I did this for my daughter earlier this year and she eventually found a solution that helped her and her Parents.
2006-09-08 02:01:46 · answer #4 · answered by IdeasWiz 2 · 0⤊ 0⤋