I'm 32 and in September I'll be going back to study. I know I'm not eligible for a govt student loan, but what other options are there and what sort of interest would I have to pay?
Most comprehensive answer gets the 10 points.
2007-06-30 01:13:35 · 6 answers · asked by jackie 2 in Education & Reference ➔ Financial Aid
Please note that my course is a Post Graduate Diploma, which is one of the reasons I can't have a student loan.
2007-06-30 01:34:32 · update #1
Hi, I'm doing a masters at the moment. And regardless of age there is no funding or loans available for postgraduate studies...believe me I've tried! I'd suggest you contact the university at which you will be studying, as they will have a few bursaries or scholarship funds available. I know at Newcastle University, I applied for a welcome bursary and hardship funds bursary, and got money that way. But the best way is to do a part-time job throughout your studies like the rest of us. Good Luck!
2007-06-30 01:42:38 · answer #1 · answered by Suzie's_Secret_Society 3 · 0⤊ 0⤋
I don't understand why you believe that you aren't eligible for a student loan through the federal student financial aid system. I use to work for the major university's financial aid office and the issue of age is not what issue would be. Your eligibility depends upon your family income and your status as a student next year (for example: are you going to go full-time or part-time, are you a matriculating student in the program of study you are taking, etc...). I would suggest you go to the federal student aid online form (here is the link http://www.fafsa.ed.gov/ ) and start the application process. If you are going to be a full-time student in a matriculating program next academic school year you are definately eligible for a Stafford Loan - this issue of whether it will be subsidized or not by the federal government (meaning do you or the government will be paying the interest on the loan while your in school) I can not determine.
Let me just make it clear to you that you are definately eligible for the federal Stafford Load but you don't have to take my word on it. Besides the FAFSA website (posted above) I would suggest you check out the wikipedia article on Stafford Loans which I have provided you the link to here: http://en.wikipedia.org/wiki/Stafford_loan
Good Luck!!!
2007-06-30 01:29:28 · answer #2 · answered by Anonymous · 0⤊ 2⤋
Why not attempt getting a private loan out of your financial enterprise? additionally, as a mature student, you will have the means to get working households tax credit (in case you have young little ones) and additionally help with childcare. Universities could additionally help out with complication loans and stuff like that. you are able to desire to communicate to the relevent branch at your uni.
2016-09-28 14:57:27 · answer #3 · answered by ? 4 · 0⤊ 0⤋
depends where you are studying, if at uni you can qualify for student loans but this is dependent on your income, but you will still qualify for a bursary from the uni you are going to.
college is a different matter as adult learning grants doint apply if you are over 31, as i found out last year(im 34) but you be able to claim travel expenses such as free bus and train passes depending on which college you attend. im going to uni Septenber and i get the full student loan and grant
2007-06-30 01:20:46 · answer #4 · answered by coopsradar 3 · 0⤊ 0⤋
Apply to a research council, which one depends on what area your course is in i.e the arts council, sciences etc. Look them up online, google (or yahoo!) the area your study is in and then research council.
2007-06-30 21:48:55 · answer #5 · answered by kaleidoscope_girl 5 · 0⤊ 0⤋
I tried to get a student loan when I was 36 because I finally had the time to get my Masters. They wouldn't even talk to me because I was told I was too old... and too rich... you have to be young and poor.
2007-06-30 01:20:55 · answer #6 · answered by Anonymous · 0⤊ 1⤋