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My sister is ready to go to college and they added extra expenses and she has very little time (like 2 weeks) to get her money and she has no co-signer to get a loan and her financial aid is used up. She's applied for scholarships and got all she can get there too. What else can she do?

2007-08-05 06:02:35 · 5 answers · asked by tashaluvshanson 2 in Education & Reference Financial Aid

she has gotten all the federal financial aid she can get. And she tried with a cosigner,but apparently they didn't have good enough credit and was denied 4 times. She has 2 weeks to get the money and has no other person to cosign for her. She has gotten all of the federal aid she can get, with grants and stafford loans.

2007-08-05 16:11:11 · update #1

5 answers

You may want to apply for a "non-certified" student loan. They rarely need a co-signer and do not check credit as extensively as certified loans. Several student loan lenders have non-certified alternative loans- I would check SallieMae.

2007-08-05 06:06:52 · answer #1 · answered by Jessica C 2 · 0 0

Students who are looking for a bad credit student loan should pick three schools they are most interested in, talk to the admissions office, and ask what is needed to apply in their school.A bad creditdepending on whether you are a homeowner or not. The rate of interest to be paid on unsecured bad credit student loans is higher than that on secured bad credit student loans. This is because the secured bad credit student loans are backed by your home as a security.

2007-08-06 04:24:32 · answer #2 · answered by Anonymous · 0 0

what you need to do is apply for a stafford loan. first you have to fill out the fafsa. you can take out like 6200 for the first year and you don't have to pay it back until you graduate. say you apply for 5000.00. then they will divide it between 2 semesters or 3 for summer, fall, and spring.okay, so that's 2500 per semester and if your tuition and books totals less than that they will send you the left over amount 1 month after school has started. hope it helps

2007-08-05 16:33:26 · answer #3 · answered by westling_richard 1 · 0 0

If you have checked into all other forms of aid, I would check with the school for payment plans. Most have them. They would rather have you there making payments then not having you there.

I would stay away from non certified loans. They have EXTREMELY high interest rates and you will regret them in the end.

2007-08-08 19:36:39 · answer #4 · answered by John 3 · 0 0

Stay Away from these internet hoodlums wanting $ up front,they are SCAM ARTISTS-STAY AWAY from these crooks and report them to the IC3 division of the FBI and to your states ATTY. Generals office.

2007-08-06 20:55:39 · answer #5 · answered by Anonymous · 0 0

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