I can't get my transcript from my schools because i owe them money but I really want to go back to school. I need some help.....
2006-10-29 16:14:08 · 6 answers · asked by Nicole 2 in Education & Reference ➔ Financial Aid
The government is NOT in the business of giving away free money for the sake of giving away money. There are no grants for paying bills, for getting out of debt or for buying a car. And no grants for paying off student loans
Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant. For one, you have to write the grant application and the grant application is not a simple document - you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant.
Your options are:
(a) to ask money from your parents
(b) to borrow funds from other sources such as credit cards (not a good course but if you are desperate)
(c) consolidate your student loans
(d) get a paying job or two and pay off the loan
2006-11-03 02:21:04 · answer #1 · answered by imisidro 7 · 0⤊ 0⤋
Are you currently attending another school or graduated? If you are graduated, it could make it hard to get a grant to pay it off, so it is an idea to get a personal loan. If you are attending another school or college presently, a grant could take some time before it is received. The best thing is to talk to the college's financial aid and accounting offices for possible options.
2006-10-29 17:02:06 · answer #2 · answered by dawncs 7 · 0⤊ 0⤋
Grants do not exist to payy off your student loan debt, however there are many student loan consolidation comapnies that can lower your monthly payment by over 50% and lock you into a lower fixed interest rate, saving you money. Try Collegiate Solutions 1-877-490-6639, or iStudentLoan 1-888-816-5626.
2006-11-02 07:48:08 · answer #3 · answered by bluedevilstudent 2 · 0⤊ 0⤋
Once you have borrowed money to finance your education, there is no way to attain "grants" to pay it off. Grants are given BEFORE schooling begins. You will have to borrow money from an outside source to pay for your debt. If you borrowed money through the U.S. Department of Education, you can call them to defer your loan payments if you are having difficulty paying.
2006-11-05 13:57:38 · answer #4 · answered by Mark A 2 · 0⤊ 0⤋
Depending on how long you have been in the situation- you could take two years off and then go to that school or another school- where finaid will become available- and take amybe one or two classes which ever you can afford. It sounds daunting but I can def help with the situation- because there is a solution
Holla back
2006-10-29 16:42:04 · answer #5 · answered by Chanelle H 1 · 0⤊ 0⤋
There is no such grant. Sorry
2006-10-29 16:23:33 · answer #6 · answered by tmadsen24 2 · 0⤊ 0⤋