i am looking to go to oklahoma state university or university of oklahoma. i dont care about rivalries i am just looking for a good education in my desired major. any ideas of a good student loan that doesnt have to start making payments on til after graduation. i cannnot get grants because my parents make to much money per year but they will not help me pay for college. that and i dont live with them anymore. but fasfa requires i account for their income til i am 24. i dont want to wait til im 24 to go to college!!!!
2007-01-25 07:50:59 · 16 answers · asked by redens2006 2 in Education & Reference ➔ Financial Aid
i need a description of the different loans that are available....not how to lower the loan....not scholarships....i need loan information that meets requirements stated in question and previous details!!!!
2007-01-25 13:19:19 · update #1
look for loans with deffered payment, thats what i have, i dont have to pay a penny until i graduate
2007-01-25 07:55:34 · answer #1 · answered by lynsey 2 · 0⤊ 0⤋
You are mistaken about FAFSA. If you are no longer living with your parents you are not their dependent and you do not have to include their income. A good Financial Aid advisor can help you with this. Most student loans remain deferred until you graduate. The differenence is whether you accrue interest or not. I know Wells Fargo has them. However, you want to get all the scholarships and federal loans you can before taking out private education loans. The interest is much higher. Believe me. Their is no "financial need" clause for the unsubsidized Stafford Loan. At the very least, you can get this. Here's a helpful link: http://studentaid.ed.gov/students/publications/student_guide/2006-2007/english/index.htm
After you read through the material (its a lot but you can select relevant information at this link), you can call and get live help at 1-800-4-FED-AID (1-800-433-3243) or go to http://www.fafsa.ed.gov and get more info or fill out forms.
2007-01-25 07:58:35 · answer #2 · answered by Melli 6 · 0⤊ 0⤋
What about a scholarship?
Have been doing research on this for the past 15 months for my civic club. We sponsor a high school based youth club and their members are always in need of scholarship$$.
I have never had any luck with any of the scholarship search companies where you pay a fee. Maybe someone else has?
A lot of corporations want to be seen as "good neighbors" in the community. And they need a way to attract young workers. So some of them grant scholarships, usually from $1,500 to $10,000.
When visiting the websites of these companies, on the home page look for something like: ABOUT US or CORP INFO. Click on that, and then look for something like: COMMUNITY or COMMUNITY INVOLVEMENT.
From my research: check out:
1. BestBuy (2 scholarships from each store for $1,500 and they enter you at their headquarters for a $10,000 scholarship).
2. Comcast (your high school principal must recommend you for a $1,000 scholarship. They also have paid internship at a limited number of locations nationwide.)
3. Cracker Barrel (www.cbrlgroup.com) for employees, or their children - $1,000
4. Kohls (each store awards $50 and a certificate; then submits their winners to the region. Regional winners receive $1,000 and are submitted to the corporate headquarters. Corporate level winners get a $5,000 scholarship and a $1,000 donation to their favorite charity.)
5. Wal-Mart (www.walmartfoundation.org) Each store awards $1,000 to 2 students at each school in their area. Or if you have been an employee for 12 months, you qualify to apply for a $2,500 scholarship.
6. McDonalds (as Ronald McDonald House Charities at: www.RMHC.ORG) varies by region of the county. But a typical award is $1,000. May be from the corporation or from an association of stores in your area.
Each of these companies have a simple application (1–2 pages) process.
Good luck.
2007-01-25 12:24:03 · answer #3 · answered by John Hightower 5 · 0⤊ 0⤋
Most, if not all, student loans (such as Stafford Loans) are deferred for payment until 6 months after graduation as long as you are a continuous full-time student.
2007-01-25 07:59:24 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Talk to your school counselor about applying for school scholarships you'd be suprised to know just how much money is available out there for everybody seeking financial help.You can ask them to help you out with the different types of student loans.Yes you can start paying your loans back after you receive your degree and you're fully employed.
2007-01-25 08:30:37 · answer #5 · answered by Ms Lety 7 · 0⤊ 0⤋
try Sallie Mae - you can look them up online. We have 3 loans thru them right now so that my husband can attend school and we don't make payments til 6 months after he graduates. They also give you the option to pay just the interest while you go to school, it comes up to about $5 to $10 a month, which saves you money in the long run
2007-01-25 07:56:51 · answer #6 · answered by margarita 4 · 0⤊ 2⤋
I think you misunderstand the student loan process. Any true "student loan" has a deferred payment feature that does not require you to pay it back until after you graduate. There is a big difference between a grant and a loan.
Read this. http://www.aessuccess.org/
and
http://www.staffordloan.com/
2007-01-25 07:56:09 · answer #7 · answered by MOM KNOWS EVERYTHING 7 · 1⤊ 2⤋
government loans / stafford loans let you graduated, and minimun pay afterwards for like 1-2 years, then bigger payments are due. good luck, it's hard either way.
2007-01-25 07:58:39 · answer #8 · answered by Anonymous · 0⤊ 0⤋
I like the Sallie Mae loan system. Have you tried them?
2007-01-25 07:56:14 · answer #9 · answered by Yellow Tail 3 · 0⤊ 2⤋
Fill out this asap:
http://www.fafsa.ed.gov
Also, there are special programs for older female students such as yourself. Talk to the financial aid office of both of those colleges.
2007-01-25 07:58:18 · answer #10 · answered by Anonymous · 0⤊ 2⤋