student loans with a past bankruptsy - page 2

My husband works for the airlines. We have been married 14 years and have 2 wonderful kids. He has been laid off many times which has resulted in us traveling about the country for a job. Then... Read More

  1. by   Soup Turtle
    Quote from multicollinarity
    Juniors and Seniors are permitted to take out $10,000 per year in Stafford loans. Freshman and Sophomores are limited to $6,500 and $7,500 per year, respectively. If you are at a community college, the maximum Stafford loan per year is $7,500 because theoretically that's as far as community colleges can go - to the sophomore level. Never mind that nursing students at community colleges can study for 3 years full-time.
    I could have sworn I saw something about applying for a third year of stafford at community college. It said you had to write a letter and be in a technical program that was longer than 2 years. I wish I knew the details. I saw it in my school's financial aid office.
  2. by   Multicollinearity
    Quote from TurtleSoup
    I could have sworn I saw something about applying for a third year of stafford at community college. It said you had to write a letter and be in a technical program that was longer than 2 years. I wish I knew the details. I saw it in my school's financial aid office.
    You can take out more than two years worth of Stafford loans at the community college level. It's just that you are limited to the yearly sophomore loan limit.
  3. by   Soup Turtle
    Quote from multicollinarity
    You can take out more than two years worth of Stafford loans at the community college level. It's just that you are limited to the yearly sophomore loan limit.
    I'm so glad someone else knows about this because I was starting to think I was mistaken and might need the loan for school next year.
  4. by   angel337
    sallie mae has a signature loan that is credit based, but your credit does not have to be flawless. the signature loan is for whatever you need (books, tuition, living expenses, etc..) and you can apply at any time while you are in school. i got one for about 8k and it helped tremendously because by the time i graduated i was pretty much maxed out in government loans for a Bachelors degree.
  5. by   HealingHands327
    I don't understand why RN's with loans aren't able to pay off their debt within 1 - 1 1/2 years, if they are single and have no dependencies. All they gotta do is live like a student for just 1 more year, then it's all paid off and you are freeee !.
  6. by   Multicollinearity
    Quote from HealingHands327
    I don't understand why RN's with loans aren't able to pay off their debt within 1 - 1 1/2 years, if they are single and have no dependencies. All they gotta do is live like a student for just 1 more year, then it's all paid off and you are freeee !.
    Everyone's personal situation and priorities are different. I'll graduate with far too much in student loans - making it impossible to pay off in one year.
    Last edit by Multicollinearity on Jan 31, '07
  7. by   mistydave
    we are used to living off my husband's income, although we barely make it by most of the time. However, I will plan to continue living that way for my first year of nursing to pay off my loans in the first year. My salary will go towards the loans, so the rest of my many years of work will all be profit/extra! I am so excited. Thanks for all the replies.

close