I will be starting school full-time soon and i live w/ a roommate. I'm trying to cut costs everywhere in my life so I will be able to go to school but looking into the near future I'm just gonna put myself in so much debt trying live and pay bills in general. The school i'm going to does not have a campus you can live at. Does anyone have any good advice as to where I may be able to get cheap loans or grants not for the actual college expenses but for living expenses while I'm in college. I'm 22, I have established a little bit of good credit but my parents can't help. Anyone with good suggestions- i would love to hear! thanks!
2006-09-09 04:15:29 · 5 answers · asked by jloo617 2 in Education & Reference ➔ Financial Aid
There are a few issues you need to consider . . .
Firstly, start learning ways to cut-back on unecessary expenses. Start packing lunches. Cooking becomes a regular practice. Find entertainment in on-campus functions and at local libraries. There are countless websites and books that specialize in cutting daily expenses.
Secondly, find a part-time job that will give you study time. On campus jobs and work study are known to be great aids for this reason. I worked on the weekends at a fast food place--Sunday mornings were so slow I was able to go to the back of the building and pull-out my index card deck to study for tests!
My third though is one of clarity--all debt is not bad debt. Debt to invest is good debt---but keep good debt to a minimum. Taking school expenses loans are good debt--you are investing in your future income potential. However, if you take so much extra for vacations and a new wardrobe (and you just got new clothes)--that's bad debt. Don't feel so bad taking school loans---deferments and such allow that debt to be leveraged to be managable however you life goes.
Finally, there are an abundance of college funding resources. Fastweb is one. I personally ask you to ask everyone you can about any they are aware of (eg--parents of friends, religious leadership, friends, former teachers, etc.). You would be suprised what's out there---when you get a list of them, you then apply with a stellar presentation (my link below is helpful---if you need help in this area).
Congradualtions on college, now...
GO GET THEM!!
Marty A. Nickison II, author
2006-09-09 06:52:11 · answer #1 · answered by Marty N 2 · 0⤊ 0⤋
Your school should have a financial aid office that can point you in the direction of the most affordable student loans, as well as grants that you can apply for.
Also, there are numerous scholarships out there waiting for people to apply to them. When I was in college, I used Fastweb to search for ones that might be suitable for me. It's completely free:
http://www.fastweb.com/
Never pay anyone to help you find money for school. There are a vast number of free resources out there. And please, do not charge up your credit cards or you will regret it for years to come!
2006-09-09 04:23:01 · answer #2 · answered by Obi_San 6 · 0⤊ 0⤋
Find a couple more roommates. I live with 5 other roommates in a huge house. I kinda sucks but its a lot better than paying the full rent.
2006-09-09 04:24:59 · answer #3 · answered by sexylatinguy23 4 · 0⤊ 0⤋
You could try Sallie Mae, www.salliemae.com. They offer loans for "college expenses", which they say include cost of living, new computer, traveling, etc. They sent my check to my school, but the school then gave me a refund check.
2006-09-09 04:21:47 · answer #4 · answered by ifernnick 2 · 0⤊ 0⤋
Do you have the alternative of doing a factor-time nighttime interest? a minimum of that way you will nevertheless be earning some money yet then you certainly ought to request no longer having to paintings Monday and Wednesday nights. I basically rather wish you could concentration on your instructions as much as achieveable and paintings barely sufficient so which you will no longer starve. i do no longer blame you for wanting to be carried out so as this is why I propose minimizing the quantity of time spent on working and basically attempting to pay interest on your learn with as few distractions as achieveable. stable luck to you!
2016-11-06 23:35:54 · answer #5 · answered by ? 4 · 0⤊ 0⤋